14. Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Earnings Per Share, Basic and Diluted

The calculation of basic and diluted net income (loss) per share for the three and six months ended June 30, 2020 and 2019 was as follows (in thousands, except per share amounts):


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Basic net income (loss) per share
Numerator:
Net income (loss)	$	36,911	$	(18,548)	$	127,615	$	(86,147)
Denominator:
Weighted-average common shares outstanding	105,927		105,369		105,761		105,208

Diluted net income (loss) per share
Denominator:
Weighted-average common shares outstanding	105,927		105,369		105,761		105,208
Effect of restricted and performance stock units and stock purchase plan shares	546		—		668		—
Weighted-average shares used in computing diluted net income (loss) per share	106,473		105,369		106,429		105,208

Net income (loss) per share:
Basic	$	0.35	$	(0.18)	$	1.21	$	(0.82)
Diluted	$	0.35	$	(0.18)	$	1.20	$	(0.82)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes the shares of common stock that were excluded from the computation of diluted net income (loss) per share for the three and six months ended June 30, 2020 and 2019 as such shares would have had an anti-dilutive effect (in thousands):


	Three Months Ended June 30,			Six Months Ended June 30,
	2020	2019	2020	2019
Anti-dilutive shares	—	667	—	766