Three Months Ended
September 30,

Nine Months Ended
September 30,

(in thousands, except per share amounts)

2021

2020

2021

2020

Numerator:

Net (loss) income

$

(18,069

)

$

(50,032

)

$

14,660

$

4,651

Less: Undistributed earnings allocated to
convertible preferred stock

—

(1,606

)

Net (loss) income attributable to common
stockholders - basic

$

(18,069

)

$

(50,032

)

$

14,660

$

3,045

Add: Undistributed earnings reallocated to holders
of common stock

—

47

Net (loss) income attributable to common
stockholders - diluted

$

(18,069

)

$

(50,032

)

$

14,660

$

3,092

Denominator:

Weighted average shares - basic

411,223

241,061

408,604

233,727

Dilutive impact of stock options, restricted stock
awards and restricted stock units

—

21,091

10,802

Weighted average shares - diluted

411,223

241,061

429,695

244,529

(Loss) earnings per share:

Basic

$

(0.04

)

$

(0.21

)

$

0.04

$

0.01

Diluted

$

(0.04

)

$

(0.21

)

$

0.03

$

0.01