Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Antidilutive Securities Excluded from Computation of Earnings Per Share

For the periods presented, the following table reconciles the denominators used in the basic and diluted net income (loss) and net income (loss) from continuing operations per share calculations (in thousands):


	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Denominator for basic calculation	233,629	243,942	234,023	246,229
Effect of dilutive securities:
Option awards	—	964	—	1,757
Unvested restricted stock units	—	257	—	558
Denominator for dilutive calculation	233,629	245,163	234,023	248,544

For the periods presented, the following Class A common stock and Class C capital stock equivalents were excluded from the calculations of diluted net income (loss) and net income (loss) from continuing operations per share because their effect would have been antidilutive (in thousands):


	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Weighted-average Class A common stock and Class C capital stock option awards outstanding	22,315	207	20,045	2,650
Weighted-average Class A common stock and Class C capital stock restricted stock units outstanding	15,366	7,357	13,746	5,284
Class C capital stock issuable upon conversion of the Notes	33,855	33,855	33,855	33,855
Total Class A common stock and Class C capital stock equivalents	71,536	41,419	67,646	41,789