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Net Income (Loss) per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computations of Basic and Diluted Income (Loss) Per Share

The following table sets forth the computations of basic and diluted income (loss) per share:

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2024

 

 

2023

 

Net income (loss)

 

$

1,574

 

 

$

(11,714

)

 

 

 

 

 

 

 

Weighted average shares used in computing basic earnings per share

 

 

43,983

 

 

 

42,528

 

 

 

 

 

 

 

 

Effect of weighted average dilutive stock-based awards

 

 

115

 

 

 

-

 

 

 

 

 

 

 

 

Weighted average shares used in computing diluted earnings per share

 

 

44,098

 

 

 

42,528

 

 

 

 

 

 

 

 

Net income (loss) per share—basic and diluted

 

 

 

 

 

 

         Basic

 

$

0.04

 

 

$

(0.28

)

         Diluted

 

$

0.04

 

 

$

(0.28

)

Summary of Outstanding Common Shares Excluded from Computation of Dilutive Net Income (Loss)Per Share

The following outstanding common shares have been excluded from the computation of dilutive net income (loss) per share as of the periods indicated because such securities are anti-dilutive:

 

 

 

Three Months Ended March 31,

 

(shares in thousands)

 

2024

 

 

2023

 

Options outstanding

 

 

2,234

 

 

 

2,979

 

Restricted stock units outstanding

 

 

4,533

 

 

 

6,036