NET INCOME (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Numerator:
Net income (loss)	$	(18,744)	$	(2,876)	$	(435,384)	$	239,810
Less: Net loss attributable to noncontrolling interests	(4,033)		(2,960)		(8,460)		(3,303)
Net income (loss) attributable to common stockholders	$	(14,711)	$	84	$	(426,924)	$	243,113
Denominator:
Basic shares:
Weighted-average shares used to compute basic net income (loss) per share	592,672		460,654		572,234		457,039
Diluted shares:
Stock options, restricted stock, and employee stock purchase plan	—		17,180		—		18,991
Convertible notes	—		—		—		18,727
Common stock warrants	—		26,286		—		25,447
Weighted-average shares used to compute diluted net income (loss) per share	592,672		504,120		572,234		520,204
Net income (loss) per share attributable to common stockholders:
Basic	$	(0.02)	$	0.00	$	(0.75)	$	0.53
Diluted	$	(0.02)	$	0.00	$	(0.75)	$	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 September 30,		Nine Months Ended September 30,
	2022	2021	2022	2021
Stock options, restricted stock, and employee stock purchase plan	35,272	7,652	30,338	7,161
Convertible notes	18,025	20,884	18,030	3,845
Common stock warrants	27,929	16,075	37,241	16,914
Total anti-dilutive securities	81,226	44,611	85,609	27,920