Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.21.2
Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share The table below presents the computation of basic and diluted EPS:
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
(in thousands, except per share amounts)
Numerator:
Net income (loss) $ 9,258  $ (36,645) $ 13,793  $ (73,921)
Denominator:
Weighted average common shares outstanding—basic 76,582  73,402  75,795  72,729 
Dilutive common stock equivalents 3,233  —  3,253  — 
Weighted average common shares outstanding—diluted 79,815  73,402  79,048  72,729 
Net income (loss) per share:
Basic $ 0.12  $ (0.50) $ 0.18  $ (1.02)
Diluted $ 0.12  $ (0.50) $ 0.17  $ (1.02)