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):

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

​

​

    

2022

    

2021

    

2022

    

2021

​

EPS Numerator:

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​

​

​

​

​

​

​

​

​

​

​

​

Net income (loss)

​

$

(13,492)

​

$

(13,821)

​

$

(40,937)

​

$

25,679

​

EPS Denominator—Basic and Diluted:

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​

​

​

​

​

​

​

​

​

​

​

​

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):

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

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