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NET (LOSS) INCOME PER SHARE (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of computation of net (loss) income per share

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

			Three Months Ended September 30,												Nine Months Ended September 30,
			2022						2021						2022						2021
Basic net (loss) income per share:
Numerator
Net (loss) income			$	(544,635)					$	406,100					$	(2,067,948)					$	2,783,912
Less: Income allocated to participating securities			—						(3,757)						—						(542,122)
Net (loss) income attributable to common stockholders, basic			$	(544,635)					$	402,343					$	(2,067,948)					$	2,241,790
Denominator
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders, basic			223,916						209,604						220,816						165,045
Net (loss) income per share attributable to common stockholders, basic			$	(2.43)					$	1.92					$	(9.37)					$	13.58
Diluted net (loss) income per share:
Numerator
Net (loss) income			$	(544,635)					$	406,100					$	(2,067,948)					$	2,783,912
Less: Income allocated to participating securities			—						(3,167)						—						(448,463)
Add: Interest on convertible notes, net of tax			—						3,087						—						3,638
Less: Fair value gain on contingent consideration arrangement, net of tax			—						(680)						(5,395)						(680)
Net (loss) income attributable to common stockholders, diluted			$	(544,635)					$	405,340					$	(2,073,343)					$	2,338,407
Denominator
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders, basic			223,916						209,604						220,816						165,045
Weighted-average effect of potentially dilutive securities:
Stock options			—						33,122						—						38,419
RSUs			—						3,924						—						3,604
Restricted common stock			—						5						—						3
Warrants			—						—						—						97
Convertible notes			—						3,880						—						1,883
Contingent consideration			—						1						40						1
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders, diluted			223,916						250,536						220,856						209,052
Net (loss) income per share attributable to common stockholders, diluted			$	(2.43)					$	1.62					$	(9.39)					$	11.19

Schedule of potentially dilutive shares

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):

			Three Months Ended September 30												Nine Months Ended September 30
			2022						2021						2022						2021
Stock options			33,411						6,134						33,411						6,134
RSUs			6,854						107						6,854						107
Convertible notes			3,880						—						3,880						—
Restricted common stock			1,740						65						1,740						65
ESPP			1,030						284						1,030						284
Contingent consideration			76						—						—						—
Total			46,991						6,590						46,915						6,590

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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