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Net Income Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Net Income Per Share

Net income per share consisted of the following:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(In thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

49,387

 

 

$

58,293

 

 

$

25,791

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares - basic

 

 

30,241

 

 

 

29,897

 

 

 

30,936

 

Potentially dilutive common share equivalent

 

 

761

 

 

 

743

 

 

 

1,029

 

Weighted average common shares - dilutive

 

 

31,002

 

 

 

30,640

 

 

 

31,965

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

1.63

 

 

$

1.95

 

 

$

0.83

 

Diluted net income per share

 

$

1.59

 

 

$

1.90

 

 

$

0.81

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive employee stock-based awards, excluded

 

 

422

 

 

 

832

 

 

 

1,066