Net Income Per Share

6 Months Ended

Jun. 30, 2021

12. Net Income Per Share

The following table summarizes the calculation of basic and diluted net income per share:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020

	(In thousands, except per share amounts)
Numerator
Net income, basic and diluted	$	27,745	$	22,600	$	74,468	$	23,817
Denominator
Weighted-average shares used to compute net income per share, basic		92,792		84,098		92,374		84,089
Effect of dilutive securities ⁽¹⁾		7,282		2,235		7,771		2,112
Weighted-average shares used to compute net income per share, diluted		100,074		86,333		100,145		86,201
Net income per share:
Basic	$	0.30	$	0.27	$	0.81	$	0.28
Diluted	$	0.28	$	0.26	$	0.74	$	0.28

Anti-dilutive potential common shares ⁽¹⁾		781		3,575		575		3,191

(1)

Potential common share equivalents were not included in the calculation of diluted net income per share as the effect would have been anti-dilutive