Year Ended December 31,

2024

2023

2022

Numerator:

Net income (in thousands)

$

140,325

$

73,926

$

63,278

Denominator:

Basic weighted average number of shares outstanding

49,727,093

30,928,647

30,540,417

Dilutive effect of equity awards

899,911

1,409,871

902,667

Diluted weighted average number of shares

50,627,004

32,338,518

31,443,084

Income per share:

Basic

$

2.82

$

2.39

$

2.07

Diluted

$

2.77

$

2.29

$

2.01

Potentially dilutive shares excluded as anti-dilutive

64,147

1,441,068

1,639,074