Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.23.2
Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2023
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 June 30, Six Months Ended June 30,
2023 2022 2023 2022
(in thousands, except per share amounts)
Numerator:
Net income (loss) $ (4,351) $ 31,966  $ 5,182  $ 65,552 
Denominator:
Weighted average common shares outstanding—basic 80,446  77,858  79,961  77,527 
Dilutive common stock equivalents —  2,421  1,559  2,935 
Weighted average common shares outstanding—diluted 80,446  80,279  81,520  80,462 
Net income (loss) per share:
Basic $ (0.05) $ 0.41  $ 0.06  $ 0.85 
Diluted $ (0.05) $ 0.40  $ 0.06  $ 0.81