| EARNINGS (LOSS) PER SHARE |
NOTE 19: EARNINGS (LOSS) PER SHARE
The following table presents the computation of basic and diluted earnings (loss) per share (“EPS”):
| |
|
Three Months Ended March 31,
|
|
| |
|
2024
|
|
|
2023
|
|
|
Basic EPS:
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
Net income (loss)
|
|
$
|
(157,311
|
)
|
|
$
|
138,378
|
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
Shares used in computing net earnings (loss) per share of common stock, basic
|
|
|
57,140,126
|
|
|
|
56,215,490
|
|
|
Diluted EPS:
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
Net income (loss) attributable to common stock, basic
|
|
$
|
(157,311
|
)
|
|
$
|
138,378
|
|
|
Notes due 2025
|
|
|
-
|
|
|
|
552
|
|
|
Net income (loss) attributable to common stock, diluted
|
|
$
|
(157,311
|
)
|
|
$
|
138,930
|
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
Shares used in computing net earnings (loss) per share of common stock, basic
|
|
|
57,140,126
|
|
|
|
56,215,490
|
|
|
Notes due 2025
|
|
|
-
|
|
|
|
2,276,818
|
|
|
Effect of stock-based awards
|
|
|
-
|
|
|
|
701,523
|
|
|
Shares used in computing net earnings (loss) per share of common stock, diluted
|
|
|
57,140,126
|
|
|
|
59,193,831
|
|
|
Earnings per share:
|
|
|
|
|
|
|
|
|
|
Basic
|
|
$
|
(2.75
|
)
|
|
$
|
2.46
|
|
|
Diluted
|
|
$
|
(2.75
|
)
|
|
$
|
2.35
|
|
The following outstanding shares of common stock equivalents were excluded from the calculation due to their antidilutive nature:
| |
|
Three Months Ended March 31,
|
|
| |
|
2024
|
|
|
2023
|
|
|
Stock-based awards
|
|
|
1,827,030
|
|
|
|
192,339
|
|
|
Notes due 2025
|
|
|
2,276,818
|
|
|
|
-
|
|
|
Total shares excluded
|
|
|
4,103,848
|
|
|
|
192,339
|
|
|