Earnings per share (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted EPS of common stock as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(in thousands, except per share data)
Numerator for basic and diluted loss per share
Net income/(loss)	2,627		(13,186)		(5,343)		(15,853)

Denominator:
Weighted-average shares outstanding – basic	75,145		67,136		74,804		67,028
Net effect of dilutive stock options and restricted stock units	1,705		—		—		—
Weighted-average shares outstanding – diluted	76,850		67,136		74,804		67,028

Net income/(loss) per share
Basic	$	0.03	$	(0.20)	$	(0.07)	$	(0.24)
Diluted	$	0.03	$	(0.20)	$	(0.07)	$	(0.24)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table represents the number of share equivalents outstanding during the period that were excluded from the calculation of diluted net income/(loss) per share attributable to common stockholders because including them would have had an anti-dilutive effect.


	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
	(in thousands)
Stock options to purchase common stock	2,118	4,380	4,827	4,280
Restricted stock units	138	2,178	1,942	1,817
Performance stock units	—	1,131	957	1,153
Total	2,256	7,689	7,726	7,250