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]  
Summary of Basic and Diluted Earnings Per Share The table below presents the computation of basic and diluted EPS:
Year Ended December 31,
2022 2021 2020
(in thousands, except per share amounts)
Numerator:
Net income (loss) $ 125,040  $ 41,969  $ (98,593)
Denominator:
Weighted average common shares outstanding—basic 78,039  76,037  73,133 
Dilutive common stock equivalents 2,813  3,642  — 
Weighted average common shares outstanding—diluted 80,852  79,679  73,133 
Net income (loss) per share:
Basic $ 1.60  $ 0.55  $ (1.35)
Diluted $ 1.55  $ 0.53  $ (1.35)