| Earnings Per Share |
Note 12 - Earnings Per Share As previously discussed, in May 2022, following approval by the Company’s stockholders, the Company further amended and restated its Amended and Restated Certificate of Incorporation to eliminate the multiple classes of common stock and to rename the Company’s Class A common stock to “Common Stock”. The following tables set forth the computation of basic and diluted net income per share of Class A common stock or Common Stock, as applicable, (in millions, except share and per share amounts): | | | | | | | | | | | | | Three Months Ended June 30, 2023 | | Six Months Ended June 30, 2023 | | Common Stock | | Common Stock | | | | | | Basic net income per share attributable to common stockholders | | | | | Numerator: | | | | | Net income | $ | 38.1 | | | $ | 82.6 | | | Denominator: | | | | | Weighted average number of shares of Common Stock outstanding | 401,194,485 | | | 402,301,486 | | | Basic net income per share attributable to common stockholders | $ | 0.09 | | | $ | 0.21 | | | | | | | Diluted net income per share attributable to common stockholders | | | | | Numerator: | | | | | | | | | | | | | | | | | Allocation of undistributed earnings | $ | 38.1 | | | $ | 82.6 | | | Denominator: | | | | | Number of shares used in basic computation | 401,194,485 | | | 402,301,486 | | | Add: weighted-average effect of dilutive securities exchangeable for Common Stock: | | | | | Restricted Stock Awards | 338,840 | | | 392,842 | | | | | | | Exercise of Common Stock Options | 35,833 | | | 51,260 | | Employee Stock Purchase Plan | 155,845 | | | 175,728 | | | Weighted average shares of Common Stock outstanding used to calculate diluted net income per share | 401,725,003 | | | 402,921,316 | | | Diluted net income per share attributable to common stockholders | $ | 0.09 | | | $ | 0.21 | |
| | | | | | | | | | | | | Three Months Ended June 30, 2022 | | Six Months Ended June 30, 2022 | | Common Stock | | Common Stock | | | | | | Basic net income per share attributable to common stockholders | | | | | Numerator: | | | | | Allocation of net income attributable to ZoomInfo Technologies Inc. | $ | 15.9 | | | $ | 22.1 | | | Denominator: | | | | | Weighted average number of shares of Common Stock outstanding | 401,099,187 | | | 400,658,558 | | | Basic net income per share attributable to common stockholders | $ | 0.04 | | | $ | 0.06 | | | | | | | Diluted net income per share attributable to common stockholders | | | | | Numerator: | | | | | | | | | | | | | | | | | Allocation of undistributed earnings | $ | 15.9 | | | $ | 22.1 | | | Denominator: | | | | | Number of shares used in basic computation | 401,099,187 | | | 400,658,558 | | | Add: weighted-average effect of dilutive securities exchangeable for Common Stock: | | | | | Restricted Stock Awards | 1,910,328 | | | 2,293,963 | | | | | | | Exercise of Common Stock Options | 202,456 | | | 222,710 | | Employee Stock Purchase Plan | 9,772 | | | 4,886 | | | Weighted average shares of Common Stock outstanding used to calculate diluted net income per share | 403,221,743 | | | 403,180,117 | | | Diluted net income per share attributable to common stockholders | $ | 0.04 | | | $ | 0.05 | |
The following weighted-average potentially dilutive securities were evaluated under the treasury stock method for potentially dilutive effects and have been excluded from diluted net income per share in the periods presented due to their anti-dilutive effect: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2023 | | 2022 | | 2023 | | 2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Restricted Stock Units | 14,049,822 | | | 7,027,221 | | | 13,658,628 | | | 6,499,575 | | | | | | | | | | | | | | | | | | | Total anti-dilutive securities | 14,049,822 | | | 7,027,221 | | | 13,658,628 | | | 6,499,575 | |
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