Net Income Per Share

6 Months Ended

Jun. 30, 2024

9. Net Income Per Share

The following table presents the calculation of basic and diluted net income per share (amounts in thousands, except share and per share data):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Numerator:
Basic and Diluted:
Net income	$	4,336	$	4,050	$	8,716	$	7,426
Denominator:
Basic shares:
Weighted-average shares outstanding used in computing basic net income per share		18,464,483		18,294,629		18,452,766		18,263,029
Diluted shares:
Effect of potentially dilutive securities:
Stock options and restricted stock units		402,060		311,009		454,193		327,892
Weighted-average shares used in computing diluted net income per share		18,866,543		18,605,638		18,906,959		18,590,921
Net income per share:
Basic	$	0.23	$	0.22	$	0.47	$	0.41
Diluted	$	0.23	$	0.22	$	0.46	$	0.40

The potentially dilutive shares of common stock outstanding for the three months ended June 30, 2024 and 2023 that were excluded from the computation of diluted net income per share as the effect would have been antidilutive, was approximately 124,000 and 299,000 shares, respectively. The potentially dilutive shares of common stock outstanding for the six months ended June 30, 2024 and 2023 that were excluded from the computation of diluted net income per share for the periods presented as the effect would have been antidilutive was 78,000 and 269,000 shares, respectively.