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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2022
Stockholders Equity Note [Abstract]  
Summary of Changes of Shareholders' Equity

The changes to the Company’s shareholders’ equity during the three months ended March 31, 2022, is as follows (in thousands, except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

Other

 

 

 

 

 

 

Total

 

 

Common Stock

 

 

Paid-In

 

 

Comprehensive

 

 

Accumulated

 

 

Shareholders’

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Loss

 

 

Deficit

 

 

Equity

 

Balance at January 1, 2022

 

87,086,665

 

 

$

9

 

 

$

1,732,742

 

 

$

(3,428

)

 

$

(702,869

)

 

$

1,026,454

 

Exercise of stock options

 

107,623

 

 

 

 

 

 

 

2,281

 

 

 

 

 

 

 

 

 

 

 

2,281

 

Vesting of restricted stock units

 

466,497

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vesting of performance share units

 

38,291

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based compensation cost

 

 

 

 

 

 

 

 

 

33,371

 

 

 

 

 

 

 

 

 

 

 

33,371

 

Shares issued under employee stock

   purchase plan

 

85,926

 

 

 

 

 

 

 

8,006

 

 

 

 

 

 

 

 

 

 

 

8,006

 

Loss on translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,347

)

 

 

 

 

 

 

(1,347

)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(32,557

)

 

 

(32,557

)

Balance at March 31, 2022

 

87,785,002

 

 

$

9

 

 

$

1,776,400

 

 

$

(4,775

)

 

$

(735,426

)

 

$

1,036,208

 

 

The changes to the Company’s shareholders’ equity for the three months ended March 31, 2021, is as follows (in thousands, except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

Other

 

 

 

 

 

 

Total

 

 

Common Stock

 

 

Paid-In

 

 

Comprehensive

 

 

Accumulated

 

 

Shareholders’

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Loss

 

 

Deficit

 

 

Equity

 

Balance at January 1, 2021

 

85,057,727

 

 

$

9

 

 

$

1,648,741

 

 

$

(1,339

)

 

$

(567,251

)

 

$

1,080,160

 

Exercise of stock options

 

296,226

 

 

 

 

 

 

 

5,529

 

 

 

 

 

 

 

 

 

 

 

5,529

 

Vesting of restricted stock units

 

346,008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based compensation cost

 

 

 

 

 

 

 

 

 

19,127

 

 

 

 

 

 

 

 

 

 

 

19,127

 

Shares issued under employee stock

   purchase plan

 

60,064

 

 

 

 

 

 

 

7,088

 

 

 

 

 

 

 

 

 

 

 

7,088

 

Loss on translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

(390

)

 

 

 

 

 

 

(390

)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(30,068

)

 

 

(30,068

)

Balance at March 31, 2021

 

85,760,025

 

 

$

9

 

 

$

1,680,485

 

 

$

(1,729

)

 

$

(597,319

)

 

$

1,081,446