| Earnings Per Share |
Earnings Per Share
The computation of the Company’s basic and diluted net income (loss) per share is as follows (in thousands, except per share amounts):
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2021 |
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2020 |
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2021 |
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2020 |
| Numerator: |
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| Net income (loss) attributable to common stockholders |
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$ |
24,129 |
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$ |
37,447 |
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$ |
(40,904) |
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$ |
(4,074) |
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| Denominator: |
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| Weighted average shares used to compute net income (loss) per share attributable to common stockholders, basic |
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206,103 |
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125,003 |
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204,355 |
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121,813 |
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Weighted average effect of potentially dilutive shares to purchase common stock |
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6,913 |
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9,545 |
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— |
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— |
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| Weighted average shares used to compute net income (loss) per share attributable to common stockholders, diluted |
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213,016 |
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134,548 |
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204,355 |
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121,813 |
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| Net income (loss) per share attributable to common stockholders |
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| Basic |
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$ |
0.12 |
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$ |
0.30 |
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$ |
(0.20) |
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$ |
(0.03) |
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| Diluted |
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$ |
0.11 |
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$ |
0.28 |
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$ |
(0.20) |
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$ |
(0.03) |
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The following shares were excluded from the computation of diluted net income (loss) per share as the impact of including those shares would be anti-dilutive (in thousands):
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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| Outstanding stock options |
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835 |
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82 |
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743 |
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1,532 |
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| Unvested restricted stock units |
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1,954 |
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196 |
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1,418 |
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1,348 |
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| Convertible senior notes (if converted) |
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3,392 |
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— |
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3,041 |
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— |
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| Total |
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6,181 |
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278 |
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5,202 |
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2,880 |
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