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Net Income (Loss) Per Common Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted EPS

The following table illustrates the computation of basic and diluted EPS (in thousands, except per share amounts):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Numerator

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

(405,484

)

 

$

(63,208

)

 

$

(114,455

)

Noncontrolling interests’ share in (earnings) loss from
   continuing operations

 

 

300

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders
   before discontinued operations

 

 

(405,184

)

 

 

(63,208

)

 

 

(114,455

)

Income (loss) from discontinued operations

 

 

(1,303

)

 

 

3,156

 

 

 

(168,285

)

Noncontrolling interests’ share in (earnings) loss from
   discontinued operations

 

 

 

 

 

 

 

 

152

 

Net income (loss) attributable to common stockholders

 

$

(406,487

)

 

$

(60,052

)

 

$

(282,588

)

Denominator

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic and diluted

 

 

372,931

 

 

 

323,462

 

 

 

294,738

 

Net income (loss) per share attributable to
   common stockholders

 

 

 

 

 

 

 

 

 

Net income (loss) per common share from continuing operations,
   basic and diluted

 

$

(1.09

)

 

$

(0.20

)

 

$

(0.39

)

Net income (loss) per common share from discontinued
   operations, basic and diluted

 

$

 

 

$

0.01

 

 

$

(0.57

)

 

Summary of Weighted-average Potential Shares of Common Stock Were Excluded From Calculation of Diluted Net Income (Loss) Per Share Attributable to Common Stockholders The following table provides the potential shares of common stock that were excluded from the calculation of diluted net income (loss) per share attributable to common stockholders because their effect would have been anti-dilutive (in thousands):

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Stock options - service only condition

 

 

17,201

 

 

 

23,646

 

 

 

23,080

 

Stock options - market and performance condition(1)

 

 

14,428

 

 

 

17,675

 

 

 

15,090

 

Restricted stock units

 

 

894

 

 

 

110

 

 

 

185

 

 

(1)
Market and performance conditions were satisfied during 2021.