Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share (Tables)

v3.24.4
Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2024
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,
2024 2023 2022
(in thousands, except per share amounts)
Numerator:
Net income (loss) $ (245,198) $ (73,147) $ 125,040 
Denominator:
Weighted average common shares outstanding—basic 83,600  80,719  78,039 
Dilutive common stock equivalents —  —  2,813 
Weighted average common shares outstanding—diluted 83,600  80,719  80,852 
Net income (loss) per share:
Basic $ (2.93) $ (0.91) $ 1.60 
Diluted $ (2.93) $ (0.91) $ 1.55