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Net Income Per Share (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Income Per Share Basic and diluted net income per share was calculated as follows:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 



 

2022

 

 

2021

 

 

2022

 

 

2021

 

Basic net income per share

 

$

0.11

 

 

$

0.11

 

 

$

0.29

 

 

$

0.00

 

Diluted net income per share

 

$

0.11

 

 

$

0.11

 

 

$

0.29

 

 

$

0.00

 

Numerator:

 



 





 

 



 





 

Net income (in thousands)

 

$

17,209

 

 

$

16,285

 

 

$

44,458

 

 

$

666

 

Denominator:

 



 





 

 



 





 

Weighted average number of shares outstanding - basic

 

 

150,930,340

 



 

149,943,998

 

 

 

150,740,518

 



 

137,232,289

 

Add stock options to purchase shares and restricted stock units

 

 

1,426,967

 

 

 

2,456,421

 

 

 

1,634,694

 

 

 

938,199

 

Weighted average number of shares outstanding - diluted

 

 

152,357,307

 

 

 

152,400,419

 

 

 

152,375,212

 

 

 

138,170,488