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Net Income (Loss) Per Share (Tables) | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table presents the calculation of basic and diluted net income (loss) per share for periods presented (in thousands, except share and per share amounts):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Numerator: |  |  |  |  |
Net income (loss) | $ | 307,568 |  |  | $ | (694,288) |  |  | $ | 493,507 |
Add back interest expense, net of tax attributable to assumed conversion of convertible senior notes | 6,336 |  |  | — |  |  | 4,900 |
Net income (loss) attributable to common stockholders—diluted | $ | 313,904 |  |  | $ | (694,288) |  |  | $ | 498,407 |
Denominator: |  |  |  |  |
Weighted average common shares outstanding—basic | 122,503,366 |  |  | 126,778,626 |  |  | 127,224,974 |
Dilutive effect of assumed conversion of options to purchase common stock | 2,222,294 |  |  | — |  |  | 4,149,248 |
Dilutive effect of assumed conversion of restricted stock units | 705,465 |  |  | — |  |  | 1,995,336 |
Dilutive effect of assumed conversion of convertible senior notes | 14,714,281 |  |  | — |  |  | 13,313,766 |
Weighted average common shares outstanding—diluted | 140,145,406 |  |  | 126,778,626 |  |  | 146,683,324 |
Net income (loss) per share attributable to common stockholders—basic | $ | 2.51 |  |  | $ | (5.48) |  |  | $ | 3.88 |
Net income (loss) per share attributable to common stockholders—diluted | $ | 2.24 |  |  | $ | (5.48) |  |  | $ | 3.40 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following potential shares of common stock were excluded from the calculation of diluted net income (loss) per share attributable to common stockholders because their effect would have been anti-dilutive for the periods presented:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Stock options | 174,655 |  |  | 3,127,333 |  |  | 149,683 |
Restricted stock units | 4,719,187 |  |  | 5,081,194 |  |  | 584,033 |
Convertible senior notes | — |  |  | 14,715,935 |  |  | — |
Total anti-dilutive securities | 4,893,842 |  |  | 22,924,462 |  |  | 733,716 |

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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 -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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