NET INCOME (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Basic and Diluted Net Income (Loss) Per Share

The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Net income (loss)	$	(209,277)	$	203,678	$	(416,640)	$	242,686
Less: Net loss attributable to noncontrolling interests	(1,263)		(343)		(4,427)		(343)
Net income (loss) attributable to common stockholders	$	(208,014)	$	204,021	$	(412,213)	$	243,029
Denominator:
Basic shares:
Weighted-average common shares outstanding	581,704		455,820		561,846		455,618
Weighted-average unvested shares	(354)		(389)		(345)		(415)
Weighted-average shares used to compute basic net income (loss) per share	581,350		455,431		561,501		455,203
Diluted shares:
Stock options, restricted stock, and employee stock purchase plan	—		18,825		—		19,897
Convertible notes	—		23,351		—		19,585
Common stock warrants	—		24,971		—		25,028
Weighted-average shares used to compute diluted net income (loss) per share	581,350		522,578		561,501		519,713
Net income (loss) per share attributable to common stockholders:
Basic	$	(0.36)	$	0.45	$	(0.73)	$	0.53
Diluted	$	(0.36)	$	0.40	$	(0.73)	$	0.48

Antidilutive Securities Excluded from Calculation of Diluted Net Income (Loss) Per Share

The following potential common shares were excluded from the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive for the periods presented (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2022	2021	2022	2021
Stock options, restricted stock, and employee stock purchase plan	32,925	7,743	28,184	6,926
Convertible notes	18,025	—	18,032	3,845
Common stock warrants	41,479	17,390	41,917	17,333
Total anti-dilutive securities	92,429	25,133	88,133	28,104