Three Months Ended

Nine Months Ended

February 29,

February 28,

February 29,

February 28,

(In thousands, except per share data)

2024

2023

2024

2023

Numerator:

Net income (loss)

$

(1,471

)

$

4,132

$

9,292

$

8,446

Denominator:

Basic weighted average shares outstanding

28,866

27,893

28,773

27,571

Dilutive effect of common equivalent shares outstanding

-

1,480

897

1,509

Diluted weighted average shares outstanding

28,866

29,373

29,670

29,080

Net income per share - Basic

$

(0.05

)

$

0.15

$

0.32

$

0.31

Net income per share - Diluted

$

(0.05

)

$

0.14

$

0.31

$

0.29

Antidilutive employee share-based award shares, excluded

1,203

15

71

15