Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.22.2
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2022
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,
2022 2021 2022 2021
(in thousands, except per share amounts)
Numerator:
Net income $ 31,966  $ 733  $ 65,552  $ 4,535 
Denominator:
Weighted average common shares outstanding—basic 77,858  75,930  77,527  75,394 
Dilutive common stock equivalents 2,421  3,096  2,935  3,263 
Weighted average common shares outstanding—diluted 80,279  79,026  80,462  78,657 
Net income per share:
Basic $ 0.41  $ 0.01  $ 0.85  $ 0.06 
Diluted $ 0.40  $ 0.01  $ 0.81  $ 0.06