Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.24.2
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2024
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,
2024 2023 2024 2023
(in thousands, except per share amounts)
Numerator:
Net income (loss) $ (39,266) $ (4,351) $ (111,575) $ 5,182 
Denominator:
Weighted average common shares outstanding—basic 83,477  80,446  82,913  79,961 
Dilutive common stock equivalents —  —  —  1,559 
Weighted average common shares outstanding—diluted 83,477  80,446  82,913  81,520 
Net income (loss) per share:
Basic $ (0.47) $ (0.05) $ (1.35) $ 0.06 
Diluted $ (0.47) $ (0.05) $ (1.35) $ 0.06