Basic and Diluted (Loss) Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Computation of Basic and Diluted (Loss) Earnings Per Share

The following table sets forth the computation of basic and diluted (loss) earnings per share (in thousands, except per share data) for the periods indicated:

	Years Ended December 31,
	2021			2020			2019
Numerator:
Net (loss) income	$	(535,480	)	$	(7,524	)	$	34,355
Denominator:
Weighted average common shares of class A common stock		8,056			7,658			8,221
Weighted average common shares of class B common stock		1,964			2,026			2,035
Total weighted average common stock shares outstanding		10,020			9,684			10,256
Effect of dilutive securities:
Employee stock options		0			0			72
Adjusted weighted average shares		10,020			9,684			10,328
(Loss) earnings per share:
Basic (loss) earnings per share	$	(53.44	)	$	(0.78	)	$	3.35
Diluted (loss) earnings per share	$	(53.44	)	$	(0.78	)	$	3.33

Schedule of Weighted Average of Potential Class A Common Stock Excluded from Computation of (Loss) Earnings Per Share

The following weighted average shares of potential class A common stock were excluded from the diluted (loss) earnings per share calculation because their impact would have been anti-dilutive (in thousands):

	Years Ended December 31,
	2021		2020		2019
Stock Options		1,233		1,487		933
Restricted Stock Units		95		10		0
Employee Stock Purchase Plan		2		0		0
2025 Convertible Notes		1,633		94		0
2027 Convertible Notes		635		0		0
Total		3,598		1,591		933