Annual report pursuant to Section 13 and 15(d)

Income (Loss) Per Share (Tables)

v3.24.0.1
Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Basic and Diluted Earnings (Loss) Per Share
The following table sets forth the calculation of basic and diluted income (loss) per share for the years ended December 31, 2023, 2022 and 2021:
Year Ended December 31,
2023 2022 2021
Net income (loss)
$ 76,063  $ (1,793) $ (579,369)
Weighted-average common shares outstanding – basic
195,671  193,570  155,470 
Dilutive effect of stock-based compensation awards 8,334  —  — 
Weighted-average common shares outstanding – diluted 204,005  193,570  155,470 
Income (loss) per common share – basic $ 0.39  $ (0.01) $ (3.73)
Income (loss) per common share – diluted
$ 0.37  $ (0.01) $ (3.73)
Potential Common Shares Excluded from Computation of Diluted Loss Per Share
The following is a summary of potential shares of common stock that were excluded from the computation of diluted income (loss) per share for the years ended December 31, 2023, 2022 and 2021:
Year Ended December 31,
2023 2022 2021
Stock options 6,476 24,926 24,597
Restricted stock units 193 2,486 1,854
Restricted stock 595
ESPP shares 137
Potential common shares excluded from diluted income (loss) per share 6,669 27,549 27,046