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Net Income (Loss) Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

12. Net Income (Loss) Per Share

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

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(5,945

)

 

$

1,777

 

 

$

(61,064

)

 

$

76,245

 

Less: Net income attributable to noncontrolling interests

 

 

266

 

 

 

 

 

 

33

 

 

 

 

Net income (loss) attributable to Corsair Gaming, Inc.

 

 

(6,211

)

 

 

1,777

 

 

 

(61,097

)

 

 

76,245

 

Change in redemption value of redeemable noncontrolling interests

 

 

(2,690

)

 

 

 

 

 

(12,330

)

 

 

 

Net income (loss) attributable to common stockholders of Corsair Gaming, Inc.

 

$

(8,901

)

 

$

1,777

 

 

$

(73,427

)

 

$

76,245

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

95,858

 

 

 

93,918

 

 

 

95,537

 

 

 

92,894

 

Effect of dilutive securities (1)

 

 

 

 

 

6,123

 

 

 

 

 

 

7,222

 

Total diluted weighted-average shares outstanding

 

 

95,858

 

 

 

100,041

 

 

 

95,537

 

 

 

100,116

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.09

)

 

$

0.02

 

 

$

(0.77

)

 

$

0.82

 

Diluted

 

$

(0.09

)

 

$

0.02

 

 

$

(0.77

)

 

$

0.76

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive potential common shares (1)

 

 

11,241

 

 

 

1,226

 

 

 

10,941

 

 

 

792

 

 

 

(1)

Potential common share equivalents were not included in the calculation of diluted net income (loss) per share as the effect would have been anti-dilutive.