Income per Share (Tables)

6 Months Ended

Jun. 30, 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 three and six months ended June 30, 2022 and 2021:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands, except per share data)
Net income attributable to Fulgent	$	11,537	$	79,812	$	165,516	$	280,503
Weighted-average common shares—outstanding, basic		30,362		29,150		30,298		28,991
Weighted-average common shares—outstanding, diluted		31,189		30,830		31,225		30,809
Net income per common share, basic	$	0.38	$	2.74	$	5.46	$	9.68
Net income per common share, diluted	$	0.37	$	2.59	$	5.30	$	9.10

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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands)
Options		1		2		1		5
Restricted Stock Units		858		107		379		71