Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.21.2
Net Income Per Share (Tables)
3 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share
The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):
Three Months Ended June 30,
2021 2020
Numerator:
Net income $ 13,294  $ 12,865 
Denominator:
Weighted average shares outstanding, basic 282,661  279,069 
Dilutive effect of stock-based awards 6,327  5,240 
Weighted average shares outstanding, diluted 288,988  284,309 
Net income per share, basic $ 0.05  $ 0.05 
Net income per share, diluted $ 0.05  $ 0.05 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share A summary of these weighted-average anti-dilutive common share equivalents is provided in the table below (in thousands):
Three Months Ended June 30,
2021 2020
Stock options 318  1,200 
Unvested restricted stock and RSUs 32 
Shares committed under ESPP 61