Quarterly report pursuant to Section 13 or 15(d)

Net Income per Share (Tables)

v3.20.2
Net Income per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30, Six Months Ended June 30,
  2020 2019 2020 2019
  (in thousands, except per share amounts)
Numerator:
Net income $ 11,301    $ 15,063    $ 16,906    $ 26,335   
Denominator:
Basic:
Weighted average common shares used in computing basic net income per share 95,752    91,914    94,203    91,703   
Diluted:
Add weighted average effect of dilutive securities:
Stock options and restricted stock 973    1,422    1,010    1,474   
Convertible Notes and Warrants 3,472    2,933    2,820    2,572   
Contingently issuable or returnable shares in connection with our acquisitions 57    224    110    287   
Weighted average common shares used in computing diluted net income per share 100,254    96,493    98,143    96,036   
Net income per share:
Basic $ 0.12    $ 0.16    $ 0.18    $ 0.29   
Diluted $ 0.11    $ 0.16    $ 0.17    $ 0.27