Net Income Per Share

3 Months Ended

Mar. 31, 2023

Note 2. Net Income (Loss) Per Share

The following table summarizes the computation of basic and diluted net income per share attributable to common stockholders of the Company:


	Three Months Ended March 31,
	2023			2022
	(in thousands, except per share data)
Net income (loss) attributable to common stockholders	$	(16,490	)	$	6,140
Weighted-average shares outstanding
Weighted average shares used to compute basic net income (loss) per share		21,794			20,921
Dilutive effect of employee equity incentive plans		—			1,782
Weighted average shares used to compute diluted net income (loss) per share		21,794			22,703
Net income (loss) attributable to common stockholders per share, basic	$	(0.76	)	$	0.29
Net income (loss) attributable to common stockholders per share, diluted	$	(0.76	)	$	0.27

Potential dilutive securities include dilutive common shares from share-based awards attributable to the assumed exercise of restricted stock unit awards using the treasury stock method. Under the treasury stock method, potential common shares outstanding are not included in the computation of diluted net income per share if their effect is anti-dilutive.

Anti-dilutive potential shares from share-based awards are excluded from the calculation of diluted earnings per share if either their exercise price exceeded the average market price during the period, or the share-based awards were determined to be anti-dilutive

based on applying the treasury stock method. During the three months ended March 31, 2023 and 2022, the Company had 415,017 potential shares and 3,211 potential shares from share-based awards that are anti-dilutive, respectively.