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Net Income Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Table Text Blocks  
Schedule of computation of basic and diluted net loss per common share

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Three Months Ended

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Six Months Ended

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June 30, 

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June 30, 

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2022

    

2021

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2022

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2021

Numerator:

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Net income

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$

37,080

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$

391,303

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$

75,881

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$

431,229

Add back interest expense, net of tax benefit, on assumed conversion of 2024 Convertible Notes

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445

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—

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889

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—

Add back interest expense, net of tax benefit, on assumed conversion of 2026 Convertible Notes

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667

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—

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1,333

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—

Numerator used in computing net income per share — diluted

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38,192

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391,303

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78,103

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431,229

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Denominator:

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Weighted average number of common shares outstanding used in computing net income per share — basic

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153,304

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161,948

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155,550

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161,460

Effect of dilutive securities:

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Stock options

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361

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417

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339

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348

Time-based restricted stock units

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922

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928

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1,211

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1,121

Performance-based restricted stock units

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270

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70

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188

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71

Restricted stock

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151

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132

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159

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134

2024 Convertible Notes assumed conversion

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14,934

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—

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14,934

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—

2026 Convertible Notes assumed conversion

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14,934

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—

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14,934

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—

Dilutive potential common shares

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Weighted average number of common shares outstanding used in computing net income per share — diluted

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184,876

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163,495

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187,315

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163,134

Net income per share — basic

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$

0.24

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$

2.42

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$

0.49

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$

2.67

Net income per share — diluted

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$

0.21

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$

2.39

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$

0.42

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$

2.64

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Schedule of potentially dilutive securities that have been excluded from computation of diluted weighted average shares outstanding

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Three Months Ended

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Six Months Ended

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June 30, 

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June 30, 

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2022

    

2021

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2022

    

2021

 

Stock options

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5,035

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9,430

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6,204

 

10,007

 

Restricted stock awards

 

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—

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—

 

36

 

Time-based restricted stock units

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98

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84

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49

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53

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Performance-based restricted stock units

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528

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619

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510

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330

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Note Hedge Warrants

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8,318

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8,318

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8,318

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8,318

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2022 Convertible Notes

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—

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8,318

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—

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8,318

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2024 Convertible Notes

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—

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14,934

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—

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14,934

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2026 Convertible Notes

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—

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14,934

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—

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14,934

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Total

 

13,979

 

56,637

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15,081

 

56,930

 

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