Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.22.2.2
Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2022 2021 2022 2021
(in thousands, except per share amounts)
Numerator:
Net income $ 28,408  $ 9,258  $ 93,960  $ 13,793 
Denominator:
Weighted average common shares outstanding—basic 78,436  76,582  77,833  75,795 
Dilutive common stock equivalents 1,624  3,233  2,498  3,253 
Weighted average common shares outstanding—diluted 80,060  79,815  80,331  79,048 
Net income per share:
Basic $ 0.36  $ 0.12  $ 1.21  $ 0.18 
Diluted $ 0.35  $ 0.12  $ 1.17  $ 0.17