XML 43 R32.htm IDEA: XBRL DOCUMENT v3.22.1
Earnings Per Common Share ("EPS") (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Components of Basic and Diluted EPS Computations

The following tables summarize the components of the basic and diluted EPS computations (in thousands, except per share amounts):

 

 

 

Three Months Ended

March 31,

 

 

 

 

2022

 

 

2021

 

 

EPS — basic and diluted:

 

 

 

 

 

 

 

 

 

Net loss (numerator)

 

$

(25,998

)

 

$

(12,916

)

 

Weighted average common shares (denominator)

 

 

251,887

 

 

 

246,631

 

 

Net loss per share

 

$

(0.10

)

 

$

(0.05

)

 

Potential Dilutive Securities Outstanding that are Considered Antidilutive

Potentially dilutive securities outstanding that are considered antidilutive are summarized as follows (in shares):

 

 

 

Three Months Ended

March 31,

 

 

 

2022

 

 

2021

 

Senior convertible notes

 

 

44,120,463

 

 

 

44,120,463

 

Mann Group convertible notes

 

 

7,370,000

 

 

 

7,370,000

 

Common stock options and PNQs

 

 

10,335,424

 

 

 

11,321,734

 

RSUs and Market RSUs (1)

 

 

11,472,698

 

 

 

6,282,279

 

Employee stock purchase plan

 

 

85,633

 

 

 

94,157

 

Warrants associated with MidCap credit facility

 

 

 

 

 

1,283,467

 

Total shares

 

 

73,384,218

 

 

 

70,472,100

 

____________________

(1)

Market RSUs issued in 2020 are included at the maximum share delivery of 300% and the Market RSUs issued in 2021 are included at 0% in accordance with a valuation assessment obtained as of March 31, 2022.