Three Months Ended June 30,

Six Months Ended June 30,

(In thousands, except per share data)

2022

2021

2022

2021

Numerator:

Net income

$

11,558

$

9,190

$

52,546

$

8,957

Denominator:

Weighted average common shares outstanding, basic

245,845

59,391

242,998

58,981

Dilutive effect of stock options

14,901

24,740

17,194

24,784

Dilutive effect of warrants

—

1,887

—

1,887

Dilutive effect of preferred stock

—

138,612

—

138,612

Weighted average common shares outstanding, diluted

260,746

224,630

260,192

224,264

Net income per share, basic

$

0.05

$

0.15

$

0.22

$

0.15

Net income per share, diluted

$

0.04

$

0.04

$

0.20

$

0.04

Anti-dilutive securities excluded from diluted income per share:

Anti-dilutive stock options

1,087

—

1,018

—

Anti-dilutive restricted stock units

1,985

—

1,848

—

Anti-dilutive performance-based restricted stock units

2,115

—

2,115

—

Anti-dilutive warrants

21,783

—

21,783

—