Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2020

Reconciliation of Numerator and Denominator Used in Calculation of Basic and Diluted Net Income Per Common Share

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net income per common share is as follows:

	For the Three Months Ended
	March 31,
	2020		2019
Numerator:
Net income	$	2,207	$	3,290
Denominator:
Basic:
Weighted average shares of common stock and vested, undelivered restricted stock units outstanding		28,003,663		27,804,835
Diluted:
Weighted average shares of common stock and vested, undelivered restricted stock units outstanding		28,003,663		27,804,835
Effect of potentially dilutive shares ⁽¹⁾		436,056		401,118
Total weighted average shares of common stock and vested, undelivered restricted stock units outstanding and potentially dilutive shares		28,439,719		28,205,953
Net Income Per Share:
Basic net income per share	$	0.08	$	0.12
Diluted net income per share	$	0.08	$	0.12

(1)

In calculating diluted net income per share, 37.5 thousand shares related to outstanding stock options and unvested, undelivered restricted stock units were excluded for the three months ended March 31, 2020, and 0.5 million shares related to outstanding stock options and unvested, undelivered restricted stock units were excluded for the three months ended March 31, 2019.