NET (LOSS) INCOME PER SHARE (Tables)

The computation of net (loss) income per share is as follows (in thousands, except per share amounts):


	Year Ended December 31,
	2022		2021		2020
Basic net (loss) income per share:
Numerator
Net (loss) income	$	(2,624,949)	$	3,624,120	$	322,317
Less: Income allocated to participating securities	—		(527,162)		(214,061)

Net (loss) income attributable to common stockholders, basic	$	(2,624,949)	$	3,096,958	$	108,256

Denominator
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders, basic	222,314		177,319		68,671
Net (loss) income per share attributable to common stockholders, basic	$	(11.81)	$	17.47	$	1.58

Diluted net (loss) income per share:
Numerator
Net (loss) income	$	(2,624,949)	$	3,624,120	$	322,317
Less: Income allocated to participating securities	—		(439,229)		(194,846)
Add: Interest on convertible notes, net of tax	—		6,208		—
Less: Fair value gain on contingent consideration arrangement, net of tax	(6,230)		(695)		—
Net (loss) income attributable to common stockholders, diluted	$	(2,631,179)	$	3,190,404	$	127,471

Denominator
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders, basic	222,314		177,319		68,671
Weighted-average effect of potentially dilutive securities:
Stock options	—		36,396		22,146
RSUs	—		3,773		—
Restricted common stock	—		9		—
Warrants	—		72		392
Convertible notes	—		2,388		—
Contingent consideration	24		8		—
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders, diluted	222,338		219,965		91,209

Net (loss) income per share attributable to common stockholders, diluted	$	(11.83)	$	14.50	$	1.40

The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive (in thousands):


	Year Ended December 31,
	2022	2021	2020
Stock options	31,795	6,134	12,831
RSUs	5,329	151	3,766
Convertible notes	3,880	—	—
Restricted common stock	1,602	5	—
ESPP	1,945	295	—

Total	44,551	6,585	16,597