| Schedule of Net Income Per Share |
The computation of net income per share is as follows (in thousands, except share and per share data): | | | | | | | | | | | | | Three Months Ended March 31, 2022 | | Class A | | Class B | | Net income per share, basic: | | | | | Numerator: | | | | | Allocation of undistributed income for basic calculation | $ | 551 | | | $ | 809 | | | Denominator: | | | | | Number of shares used in basic per share computation | 70,760,707 | | | 103,762,604 | | | Net income per share, basic | $ | 0.01 | | | $ | 0.01 | | | | | | | Net income per share, diluted: | | | | | Numerator: | | | | | Allocation of undistributed income for basic calculation | $ | 551 | | | $ | 809 | | | Reallocation of undistributed income for diluted calculation based on conversion of Class B to Class A shares | 809 | | | — | | | Reallocation of undistributed income | — | | | (36) | | | Allocation of undistributed income for diluted calculation | $ | 1,360 | | | $ | 773 | | | Denominator: | | | | | Number of shares used in basic per share computation | 70,760,707 | | | 103,762,604 | | | Plus: reallocation of Class B to Class A shares outstanding | 103,762,604 | | | — | | | Plus: dilutive common stock options and restricted stock units | 8,125,851 | | | — | | | Number of shares used in diluted per share computation | 182,649,162 | | | 103,762,604 | | | Net income per share, basic and diluted | $ | 0.01 | | | $ | 0.01 | |
| | | | | | | Three Months Ended March 31, 2021 | | Net income per share, basic: | | | Numerator: | | | Net income | $ | 2,200 | | | Denominator: | | | Number of shares used in basic per share computation | 42,298,941 | | | Net income per share, basic | $ | 0.05 | | | | | Net income per share, diluted: | | | Denominator: | | | Number of shares used in basic per share computation | 42,298,941 | | | Plus: dilutive convertible preferred shares and common stock options | 125,953,865 | | | Number of shares used in diluted per share computation | 168,252,806 | | Net income per share, diluted | $ | 0.01 | |
|