Net Income per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Net Income per Share

9. Net Income per Share

The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share amounts):

	Three Months Ended March 31,
	2023		2022
Numerator:
Net income attributable to Vicor Corporation	$	11,244	$	4,999
Denominator:
Denominator for basic net income per share-weighted average shares (1)		44,162		43,952
Effect of dilutive securities:
Employee stock options (2)		745		1,002
Denominator for diluted net income per share – adjusted weighted-average shares and assumed conversions		44,907		44,954
Basic net income per share	$	0.25	$	0.11
Diluted net income per share	$	0.25	$	0.11

(1) Denominator represents the weighted average number of shares of Common Stock and Class B Common Stock outstanding. 

(2) Options to purchase 1,035,618 and 291,880 shares of Common Stock for the three months ended March 31, 2023 and 2022, respectively, were not included in the calculations of net income per share as the effect would have been antidilutive.