Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Basic and Diluted Net Income Per Share

The basic and diluted net income (loss) per share calculations for the three and nine months ended September 30, 2023 and 2022 were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(In thousands, except per share data)
Net income (loss)	$	5,553	$	16,774	$	(5,996)	$	34,056
Weighted-average shares outstanding – basic	45,333		44,441		45,117		44,304
Effect of dilutive securities from stock award plans	262		943		—		1,293
Effect of convertible senior notes	—		435		—		1,162
Weighted-average shares outstanding – diluted	45,595		45,819		45,117		46,759
Net income (loss) per share – basic	$	0.12	$	0.38	$	(0.13)	$	0.77
Net income (loss) per share – diluted	$	0.12	$	0.37	$	(0.13)	$	0.73
Anti-dilutive weighted-average shares related to stock award plans	2,727		810		3,536		689
Anti-dilutive weighted-average shares related to convertible senior notes and warrants	11,816		5,908		11,816		5,908