Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Basic and Diluted Net Income Per Share

The basic and diluted net income per share calculations for the three and nine months ended September 30, 2022 and 2021 were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(In thousands, except per share data)
Net income	$	16,774	$	29,317	$	34,056	$	63,868
Weighted-average shares outstanding – basic	44,441		43,648		44,304		43,293
Effect of dilutive securities from stock award plans	943		2,087		1,293		2,086
Effect of convertible senior notes	435		2,156		1,162		1,816
Effect of warrants	—		450		—		—
Weighted-average shares outstanding – diluted	45,819		48,341		46,759		47,195
Net income per share – basic	$	0.38	$	0.67	$	0.77	$	1.48
Net income per share – diluted	$	0.37	$	0.61	$	0.73	$	1.35
Anti-dilutive weighted-average shares related to stock award plans	810		64		689		199
Anti-dilutive weighted-average shares related to convertible senior notes and warrants	5,908		—		5,908		5,908