Income per Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Income per Share

Note 12. Income per Share

The following is a reconciliation of the basic and diluted income per share computations:

	Year Ended December 31,
	2022		2021		2020
	(in thousands, except per share data)
Net income attributable to Fulgent	$	143,403	$	507,364	$	214,310
Weighted-average common shares - outstanding, basic		30,097		29,408		22,694
Weighted-average common shares - outstanding, diluted		30,964		30,976		24,056
Net income per common share, basic	$	4.76	$	17.25	$	9.44
Net income per common share, diluted	$	4.63	$	16.38	$	8.91

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

	Year Ended December 31,
	2022		2021		2020
	(in thousands)
Options		10		5		10
RSUs		728		182		347

The anti-dilutive shares described above were calculated using the treasury stock method.