Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

v3.22.2
NET INCOME (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2022
NET INCOME (LOSS) PER SHARE  
Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share (in thousands except per share amounts):

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2022

    

2021

    

2022

    

2021

EPS Numerator:

Net income (loss)

$

(13,492)

$

(13,821)

$

(40,937)

$

25,679

EPS Denominator—Basic and Diluted:

Weighted-average common shares outstanding

 

172,147

 

170,192

 

171,961

 

169,997

EPS Denominator—Diluted:

Weighted-average common shares outstanding

 

172,147

170,192

171,961

169,997

Dilutive effect of stock options, restricted stock units and shares under Purchase Plan

 

5,915

Weighted-average shares outstanding and common stock equivalents

 

172,147

 

170,192

 

171,961

 

175,912

Net income (loss) per share

Basic

$

(0.08)

$

(0.08)

$

(0.24)

$

0.15

Diluted

$

(0.08)

$

(0.08)

$

(0.24)

$

0.15

Schedule of antidilutive securities

The potential shares of common stock that were excluded from the computation of diluted net income (loss) per share for the periods presented because including them would have been antidilutive are as follows (in thousands):

Three Months Ended June 30, 

Six Months Ended June 30, 

2022

    

2021

2022

    

2021

Outstanding stock options

33,081

30,639

33,081

9,469

Restricted stock units

1,191

234

1,191

4

Total

34,272

30,873

34,272

9,473