Income per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Reconciliation of the Basic and Diluted Income Per Share Computations

The following table presents the calculation of basic and diluted income per share for the first quarters of 2022 and 2021:

	Three Months Ended March 31,
	2022		2021
	(in thousands, except per share data)
Net income attributable to Fulgent	$	153,979	$	200,691
Weighted-average common shares—outstanding, basic		30,234		28,831
Weighted-average common shares—outstanding, diluted		31,240		30,770
Net income per common share, basic	$	5.09	$	6.96
Net income per common share, diluted	$	4.93	$	6.52

Anti-dilutive Securities Excluded from Calculation of Diluted Income Per Share

The following securities have been excluded from the calculation of diluted income per share because their effect would have been anti-dilutive:

	Three Months Ended March 31,
	2022		2021
	(in thousands)
Options		5		—
Restricted Stock Units		352		37