Three months ended September 30,

Nine months ended September 30,

2022

2021

2022

2021

(in thousands, except per share amounts)

Numerator:

Net income

$

15,041

$

8,993

$

38,026

$

17,835

Interest expense associated with convertible notes

2,549

—

7,639

—

Net income available to common shareholders

$

17,590

$

8,993

$

45,665

$

17,835

Denominator:

Basic weighted average shares outstanding

49,887

49,021

49,831

48,968

Effect of potentially dilutive share-based awards

801

1,507

796

1,377

Dilutive effect of convertible notes

14,463

3,321

14,463

3,261

Diluted weighted average shares outstanding

65,151

53,849

65,090

53,606

Net income per common share:

Basic

$

0.30

$

0.18

$

0.76

$

0.36

Diluted

$

0.27

$

0.17

$

0.70

$

0.33

Potentially dilutive shares excluded from the diluted calculation as their effect would be antidilutive

1,016

451

751

447

Maximum potential shares to be issued for settlement of the convertible notes excluded from the diluted calculation as their effect would be antidilutive

504

8,811

504

8,811