Net Income per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income per Share

The following table sets forth the computation of the Company’s basic and diluted net income per share for the three and six months ended June 30, 2020 and 2019:

(in thousands, except share and per share data)	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Numerator:
Net income	$	10,379	$	2,204	$	7,971	$	3,462
Denominator:
Weighted-average shares outstanding — basic	72,030,143		75,648,621		71,516,532		75,250,562
Effect of dilutive securities	4,195,037		2,859,938		4,557,361		3,405,553
Weighted-average shares outstanding — diluted	76,225,180		78,508,559		76,073,893		78,656,115
Basic net income per share	$	0.14	$	0.03	$	0.11	$	0.05
Diluted net income per share	$	0.14	$	0.03	$	0.10	$	0.04