Net Income Per Common Share (Tables)

3 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Computation of basic and diluted net income per share

The following table shows the computation of basic and diluted net income per common share for the three months ended September 30, 2020 and 2019 (in thousands, except per share amounts):

	Three Months Ended September 30,
	2020		2019
Numerator:
Net income	$	26,601	$	26,345
Denominator:
Weighted-average shares outstanding	52,329		50,274
Effect of dilutive securities	2,097		1,430
Weighted-average diluted shares	54,426		51,704
Basic net income per common share	$	0.51	$	0.52
Diluted net income per common share	$	0.49	$	0.51