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Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth a reconciliation of the numerator and denominator used to compute basic and diluted earnings per share of common stock (in thousands, except for share and per share data).

 

 

 

For the Three Months Ended

 

 

 

March 31,

 

 

 

2023

 

 

2022

 

Numerator

 

 

 

 

 

 

Net income

 

$

2,184

 

 

$

11,975

 

Denominator

 

 

 

 

 

 

Weighted average shares of common stock—basic

 

 

616,217,176

 

 

 

603,104,839

 

Dilutive effect of stock-based awards

 

 

30,163,785

 

 

 

37,923,571

 

Weighted average shares of common stock—diluted

 

 

646,380,961

 

 

 

641,028,410

 

Net income per share:

 

 

 

 

 

 

Basic

 

$

0.00

 

 

$

0.02

 

Diluted

 

$

0.00

 

 

$

0.02