Basic and Diluted Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Summary of basic and diluted loss per ordinary share

The following table sets forth the computation of basic and diluted net income per share:


(In thousands, except for share and per share amounts)	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Net income attributable to common stockholders—Basic	$	46,931	$	62,531	$	54,277	$	8,960
Remeasurement of preferred stock warrant liability	—		(13,076)		—		—
Net income attributable to common stockholders—Diluted	$	46,931	$	49,455	$	54,277	$	8,960
Denominator:
Weighted-average common shares outstanding—Basic (1)	137,141,655		67,548,052		136,985,440		65,098,310
Stock options	4,889,299		5,831,260		5,010,955		5,876,446
Warrants to purchase redeemable convertible preferred stock	—		5,249,279		—		—
RSU awards	164,683		—		82,357		—
Weighted-average common shares outstanding—Diluted (1)	142,195,637		78,628,591		142,078,752		70,974,756
Net income per share—Basic	$	0.34	$	0.93	$	0.40	$	0.14
Net income per share—Diluted	$	0.33	$	0.63	$	0.38	$	0.13

(1)Excludes weighted-average Sponsor Vesting Shares subject to return of 4,500,000 shares as of June 30, 2022 and 2021.

Summary of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because including them would have been antidilutive:


	Three Months Ended June 30,		Six Months Ended June 30,
	2022	2021	2022	2021

Warrants to purchase common stock	35,476,627	35,476,627	35,476,627	35,476,627