Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share (Tables)

v3.22.0.1
Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share The table below presents the computation of basic and diluted EPS:
Year Ended December 31,
2021 2020 2019
(in thousands, except per share amounts)
Numerator:
Net income (loss) $ 41,969  $ (98,593) $ (19,898)
Denominator:
Weighted average common shares outstanding—basic 76,037  73,133  71,005 
Dilutive common stock equivalents 3,642  —  — 
Weighted average common shares outstanding—diluted 79,679  73,133  71,005 
Net income (loss) per share:
Basic $ 0.55  $ (1.35) $ (0.28)
Diluted $ 0.53  $ (1.35) $ (0.28)