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Net Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Net Income (Loss) Per Share  
Schedule of basic and diluted net earnings per common share

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(in thousands, except per share data)

2022

2021

2022

2021

Numerator

Net (loss) income

 

$

(50,922)

 

$

23,591

 

$

(89,191)

 

$

(11,441)

Less: net (loss) income attributable to redeemable noncontrolling interest

(37,704)

 

17,461

(66,053)

 

(17,571)

Net (loss) income attributable to Class A common stockholders

(13,218)

6,130

(23,138)

6,130

Less: net (loss) income attributable to participating securities

(137)

64

(240)

64

Net (loss) income attributable to Class A common stockholders, basic and diluted

$

(13,081)

$

6,066

$

(22,898)

$

6,066

Denominator

Weighted average common stock outstanding

69,340

68,737

69,226

68,737

Less: weighted average unvested Earnout Shares outstanding

(719)

(719)

(719)

(719)

Weighted average common stock outstanding, basic and diluted

68,621

68,018

68,507

68,018

Net (loss) income per share – basic and diluted

$

(0.19)

$

0.09

$

(0.33)

$

0.09

Schedule of antidilutive securities excluded from computation of diluted EPS

Three and Nine Months Ended

September 30, 

(in thousands)

2022

2021

Public Warrants

14,949

11,500

Private Placement Warrants

3,149

6,600

RSUs

3,462

1,891

Stock options

375

21,935

19,991