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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Anti-dilutive Effect Excluded from Computation of Diluted Net Loss Per Share Attributable to Common Stockholders Diluted net income (loss) per share incorporates the additional shares issuable upon assumed exercise of stock options and the vesting of restricted stock units, except in such case when their inclusion would be anti-dilutive.

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

(in thousands, except per share amounts)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(35,044

)

 

$

(29,089

)

 

$

(63,888

)

 

$

63,016

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding-basic

 

 

57,795,285

 

 

 

57,385,578

 

 

 

57,756,032

 

 

 

57,334,078

 

Dilutive securities

 

 

 

 

 

 

 

 

 

 

 

535,365

 

Weighted-average common shares outstanding-diluted

 

 

57,795,285

 

 

 

57,385,578

 

 

 

57,756,032

 

 

 

57,869,443

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share-basic

 

$

(0.61

)

 

$

(0.51

)

 

$

(1.11

)

 

$

1.10

 

Net income (loss) per share-diluted

 

$

(0.61

)

 

$

(0.51

)

 

$

(1.11

)

 

$

1.09