Net Income (Loss) per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Net Income (Loss) Per Share Attributable To Common Shareholders

The following table summarizes the computation of basic and diluted net income (loss) per share attributable to common shareholders of the Company:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2022		2021			2022		2021
	(in thousands, except share and per share amounts)
Numerator:
Net income (loss)	$	75,461	$	(30,892	)	$	2,611	$	(78,618	)
Denominator:
Weighted-average common shares outstanding — basic		41,945,617		37,122,668			41,902,554		37,026,116
Dilutive impact of outstanding stock options and shares issuable     under the ESPP		2,231,759		—			2,257,927		—
Weighted-average common shares outstanding — diluted		44,177,376		37,122,668			44,160,481		37,026,116
Net income (loss) per share
Basic	$	1.80	$	(0.83	)	$	0.06	$	(2.12	)
Diluted	$	1.71	$	(0.83	)	$	0.06	$	(2.12	)

Computation of Diluted Net Income (Loss) Per Share in Attributable to Common Shareholders Indicate to Anti Diluted Effect

The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net income (loss) per share attributable to common shareholders for the periods indicated because including them would have had an anti-dilutive effect:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Options to purchase common shares		5,255,255		5,256,353		5,255,255		5,256,353
Estimated shares issuable under the ESPP		—		3,286		—		3,286