XML 46 R36.htm IDEA: XBRL DOCUMENT v3.23.2

NET INCOME (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Income (Loss) Per Share, Basic and Diluted

The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share attributable to common shareholders for the three and six months ended June 30, 2023 and 2022 (in millions, except share amounts which are presented in thousands, and per share amounts):

			Three Months Ended June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Basic and diluted net income (loss) per share:
Numerator:
Net income (loss) attributable to common shareholders – basic			$	23					$	(54)					$	(78)					$	(26)
Denominator:
Weighted average shares outstanding – basic			646,062						624,958						646,750						622,064
Basic net income (loss) per share			$	0.04					$	(0.09)					$	(0.12)					$	(0.04)
Diluted net income (loss) per share:
Numerator:
Net income (loss) attributable to common shareholders – diluted			$	23					$	(54)					$	(78)					$	(26)
Denominator:
Weighted average shares outstanding – basic			646,062						624,958						646,750						622,064
Plus: Dilutive effect of employee stock-based awards			21,097						—						—						—
Weighted average shares outstanding - diluted			667,159						624,958						646,750						622,064
Diluted net income (loss) per share			$	0.03					$	(0.09)					$	(0.12)					$	(0.04)

Schedule of Antidilutive Securities Excluded from Computation of Income (Loss) Per Share

The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
RSUs			25,947						57,823						68,994						57,823
Options			4,630						11,722						8,211						11,722
Restricted Shares			—						555						—						555
Employee Stock Purchase Plan			—						678						3,398						678
Total anti-dilutive securities			30,577						70,778						80,603						70,778

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration