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Net Income Per Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
Basic net income per share is computed using the weighted average number of shares of common stock outstanding for the period, excluding unvested RSUs and stock options. Diluted net income per share is based upon the weighted average shares of common stock outstanding for the period plus dilutive potential shares of common stock, including unvested RSUs and stock options using the treasury stock method.
The following table sets forth the computation of basic and diluted net income per share for the three and six months ended June 30, 2024 and 2023 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Net income$3,625 $50,013 $19,746 $82,856 
Shares used to compute basic net income per share35,697 36,047 35,644 35,952 
Dilutive potential common shares
Stock options49 119 66 136 
Unvested restricted stock awards236 240 313 402 
Shares used to compute diluted net income per share35,982 36,406 36,023 36,490 
Basic net income per share$0.10 $1.39 $0.55 $2.31 
Diluted net income per share$0.10 $1.37 $0.55 $2.27 
Dilutive shares included in the calculation1,051 1,112 1,204 1,400 
Anti-dilutive shares excluded from the calculation1,992 1,041 1,329 611