| Summary of Earnings Per Share |
The following table sets forth the computation of basic and diluted net income (loss) per share attributable to common stockholders for the years ended December 31, 2024, 2023 and 2022: | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | | | 2024 | | 2023 | | 2022 | | | (in thousands, except share and per share data) | | Basic net income (loss) per share: | | | | | | | | Numerator | | | | | | | | Net income (loss) | | $ | (135,010) | | | $ | 22,070 | | | $ | 66,620 | | | Net income (loss) attributable to common stockholders | | $ | (135,010) | | | $ | 22,070 | | | $ | 66,620 | | | Denominator | | | | | | | | Weighted average common shares outstanding | | 119,179,766 | | | 120,826,644 | | | 126,108,329 | | | Basic net income (loss) per share attributable to common stockholders | | $ | (1.13) | | | $ | 0.18 | | | $ | 0.53 | | | | | | | | | | Diluted net income (loss) per share: | | | | | | | | Numerator | | | | | | | | Net income (loss) attributable to common stockholders | | $ | (135,010) | | | $ | 22,070 | | | $ | 66,620 | | | Denominator | | | | | | | | Basic weighted average common shares outstanding | | 119,179,766 | | | 120,826,644 | | | 126,108,329 | | | Dilutive effect of time-based and performance-based restricted stock units outstanding | | — | | | 648,236 | | | 153,285 | | | Diluted weighted average common shares outstanding | | 119,179,766 | | | 121,474,880 | | | 126,261,614 | | | Diluted net income (loss) per share attributable to common stockholders | | $ | (1.13) | | | $ | 0.18 | | | $ | 0.53 | |
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| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following potentially dilutive outstanding securities for the years ended December 31, 2024, 2023 and 2022 were excluded from the computation of diluted net income (loss) per share because their effect would have been anti-dilutive for the periods presented, or the issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the periods: | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | | | 2024 | | 2023 | | 2022 | | Stock options | | 122,965 | | | 140,049 | | | 172,461 | | | Time-based restricted stock units | | 2,798,939 | | | 280,702 | | | 411,349 | | | Performance-based restricted stock units | | 697,238 | | | 424,675 | | | 159,965 | | | Total | | 3,619,142 | | | 845,426 | | | 743,775 | |
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