Net Income Per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Net Income Per Share

2.    Net Income Per Share

The following table sets forth the computation of basic and diluted consolidated net income per share:

	Three Months Ended March 31,
(in thousands, except per share data)	2020		2019
Numerator:
Net income	$	5,298	$	9,386
Denominator for basic and diluted net income per share:
Weighted average common shares outstanding for basic		51,837		51,675
Dilutive potential common stock outstanding:
Stock options and employee stock purchase plan		37		15
Restricted stock units		658		790
Senior Convertible Notes		1,195		—
Weighted average common shares outstanding for diluted		53,727		52,480
Basic net income per share	$	0.10	$	0.18
Diluted net income per share	$	0.10	$	0.18

The following weighted average outstanding common stock equivalents were not included in the calculation of net income per diluted share because their effects were anti-dilutive: 

	Three Months Ended March 31,
(in thousands)	2020		2019
Stock options, employee stock purchase plan, and restricted stock units		131		266
Warrants		15,689		10,865
Senior Convertible Notes		4,824		10,865
Total		20,644		21,996