Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share (Tables)

v3.22.4
Net Income (Loss) Per Share (Tables)
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income 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):
Years Ended December 31,
2022 2021 2020
Numerator:
Net income (loss) attributable to common stockholders $ 173,377  $ (79,423) $ (173,394)
Debt discount amortization 2,258  —  — 
Net Income (loss) available to common stockholders
 $ 175,635  $ (79,423) $ (173,394)
Denominator:
Weighted average shares used to compute net income (loss) per share attributable to common stockholders, basic 211,347  205,132  139,606 
Weighted average effect of potentially dilutive shares to purchase common stock
 7,810  —  — 
Weighted average shares used to compute net income (loss) per share attributable to common stockholders, diluted 219,157  205,132  139,606 
Net income (loss) per share attributable to common stockholders
Basic
 $ 0.82  $ (0.39) $ (1.24)
Diluted
 $ 0.80  $ (0.39) $ (1.24)
Schedule of Shares Excluded from Computation of Diluted Net Income Per Share
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):
Year Ended December 31,
2022 2021 2020
Outstanding stock options
 1,661  799  1,286 
Unvested restricted stock units
 2,863  1,448  1,493 
Convertible Senior Notes (if converted) —  3,128  — 
Total
 4,524  5,375  2,779