Earnings Per Share

3 Months Ended

Jun. 30, 2022

12. Earnings per Share

The presentation of “basic” and “diluted” earnings per share is provided below. Share amounts below are in thousands.

	Three Months Ended June 30,
	2022		2021
Earnings per share — Basic:
Net income	$	1,148	$	2,848
Weighted-average shares outstanding — Basic		67,588		67,175
Net income per common share — Basic	$	0.02	$	0.04

Earnings per share — Diluted:
Net income	$	1,148	$	2,848
Weighted-average shares outstanding		67,588		67,175
Effect of potentially dilutive securities		695		624
Weighted-average shares outstanding — Diluted		68,283		67,799
Net income per common share — Diluted	$	0.02	$	0.04

The computation of diluted net income per share does not include 26 and 238 options to acquire shares of common stock for the three months ended June 30, 2022 and June 30, 2021, respectively, because their inclusion would have an anti-dilutive effect on net income per share.