| Schedule of Reconciliations of the Denominators Used to Calculate Basic and Diluted Net Income Per Common Share |
The reconciliations of the denominators used to calculate basic and diluted net income per common share for the three and six months ended September 30, 2024 and 2023, respectively, are as follows:
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Three Months Ended September 30, 2024 |
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Three Months Ended September 30, 2023 |
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Six Months Ended September 30, 2024 |
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Six Months Ended September 30, 2023 |
| Basic net income per common share |
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| Net income |
$ |
9,494 |
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$ |
14,730 |
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$ |
18,005 |
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$ |
25,668 |
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| Weighted-average common shares outstanding |
33,793,583 |
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33,688,514 |
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33,775,253 |
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33,748,425 |
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| Basic net income per common share |
$ |
0.28 |
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$ |
0.44 |
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$ |
0.53 |
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$ |
0.76 |
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Three Months Ended September 30, 2024 |
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Three Months Ended September 30, 2023 |
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Six Months Ended September 30, 2024 |
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Six Months Ended September 30, 2023 |
| Diluted net income per common share |
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| Net income |
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$ |
9,494 |
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$ |
14,730 |
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$ |
18,005 |
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$ |
25,668 |
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| Weighted-average common shares outstanding |
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33,793,583 |
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33,688,514 |
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33,775,253 |
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33,748,425 |
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| Common share equivalents: |
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| Stock options |
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34,090 |
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29,108 |
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34,090 |
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25,209 |
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| Restricted and performance stock units |
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315,730 |
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409,262 |
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286,706 |
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320,157 |
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Weighted average shares outstanding – dilutive (1)
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34,143,403 |
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34,126,884 |
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34,096,049 |
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34,093,791 |
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| Diluted net income per common share |
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$ |
0.28 |
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$ |
0.43 |
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$ |
0.53 |
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$ |
0.75 |
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(1) For the three months ended September 30, 2024 and 2023, zero and zero, respectively, were not included in the calculation of diluted net income per common share, as they would have had an anti-dilutive effect. For the six months ended September 30, 2024 and 2023, zero and 1,633 were not included in the calculation of diluted net income per common share, as they would have had an anti-dilutive effect.
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