WEIGHTED AVERAGE SHARE COUNTS

9 Months Ended

Sep. 30, 2023

Weighted Average Share Counts

NET INCOME PER SHARE

(13)WEIGHTED AVERAGE SHARE COUNTS

The following table sets forth the computation of basic and diluted shares for the periods indicated (in thousands):

	Three Months Ended September 30,		Nine Months Ended September 30,
	2023	2022	2023	2022
Shares used in basic earnings per share calculation	47,415	47,207	47,305	47,087
Effect of dilutive securities:
Restricted stock units	73	107	104	258
Performance-based restricted stock units	—	—	8	9
Total effects of dilutive securities	73	107	112	267
Shares used in dilutive earnings per share calculation	47,488	47,314	47,417	47,354

For the three months ended September 30, 2023 and 2022, there were Restricted Stock Units (“RSUs”) of 950 thousand and 542 thousand, respectively, outstanding which were excluded from the computation of diluted net income per share because the effect would have been anti-dilutive. For the nine months ended September 30, 2023 and 2022, there were RSUs of 992 thousand and 377 thousand, respectively, outstanding which were excluded from the computation of diluted net income per share because the effect would have been anti-dilutive.