Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted

EPS and a reconciliation of the weighted average number of common and common equivalent shares outstanding for the three and nine months ended September 30, 2022 and 2021 (in thousands, except share and per share amounts):

	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Numerator:
Net income (loss)	$	4,044	$	6,954	$	17,795	$	(22,152)
Denominator:
Weighted-average shares—basic	165,543,067		161,348,021		164,960,561		157,620,573
Effect of dilutive stock options	19,676,684		34,843,956		22,723,439		—
Effect of dilutive restricted stock	1,772,017		3,193,084		2,078,364		—
Weighted-average shares—diluted	186,991,769		199,385,061		189,762,364		157,620,573
Earnings (loss) per share:
Basic earnings (loss) per share	$	0.02	$	0.04	$	0.11	$	(0.14)
Effect of dilutive stock options and restricted stock	—		(0.01)		(0.02)		—
Diluted earnings (loss) per share	$	0.02	$	0.03	$	0.09	$	(0.14)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The Company excluded the following weighted average common equivalent shares from the computation of diluted earnings per share for the three and nine months ended September 30, 2022 and the three and nine months ended September 30, 2021 because including them would have had an anti-dilutive effect:

	Three months ended September 30,		Nine months ended September 30,
	2022	2021	2022	2021
Stock options to purchase common stock	6,616,871	38,121	4,391,646	40,577,427
Restricted stock units	1,641,630	—	1,130,795	4,601,922