Quarterly report pursuant to Section 13 or 15(d)

Net Income per Share (Tables)

v3.20.1
Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income Per Share
The following table presents the calculation of basic and diluted net income per share:
 
Three Months Ended March 31,
 
2020
 
2019
 
(in thousands, except per share amounts)
Numerator:
 
 
 
Net income
$
5,605

 
$
11,272

Denominator:
 
 
 
Basic:
 
 
 
Weighted average common shares used in computing basic net income per share
92,654

 
91,490

Diluted:
 
 
 
Add weighted average effect of dilutive securities:
 
 
 
Stock options and restricted stock
934

 
1,509

Convertible Notes
2,170

 
2,207

Contingently issuable or returnable shares in connection with our acquisitions
161

 
355

Weighted average common shares used in computing diluted net income per share
95,919


95,561

Net income per share:
 
 
 
Basic
$
0.06

 
$
0.12

Diluted
$
0.06

 
$
0.12