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Net Income (Loss) per Share (Tables) | 9 Months Ended
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Sep. 30, 2025
Earnings Per Share [Abstract] |
Reconciliation of Numerators and Denominators of Basic and Dilutive Net Income per Common Share Computations | A reconciliation of the numerators and the denominators of the basic and dilutive net income per common share computations are as follows (in thousands, except share and per share amounts):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 24,319 |  |  | $ | 4,216 |  |  | $ | 84,908 |  |  | $ | 28,607 |
Add: Interest expense, net of tax, attributable to assumed conversion of convertible senior notes |  |  | 2,580 |  |  |  | — |  |  |  | 7,234 |  |  |  | — |
Net income, diluted |  | $ | 26,899 |  |  | $ | 4,216 |  |  | $ | 92,142 |  |  | $ | 28,607 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average basic common shares outstanding |  |  | 34,112,452 |  |  |  | 33,441,394 |  |  |  | 33,917,006 |  |  |  | 33,108,253 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Convertible senior notes |  |  | 4,893,805 |  |  |  | — |  |  |  | 4,893,805 |  |  |  | — |
Options to purchase common stock |  |  | 1,452,078 |  |  |  | 1,975,523 |  |  |  | 1,381,851 |  |  |  | 1,895,962 |
Restricted stock units |  |  | 287,855 |  |  |  | 266,861 |  |  |  | 211,626 |  |  |  | 202,800 |
Warrants to purchase common stock |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4,635 |
Restricted stock awards |  |  | 997 |  |  |  | 174 |  |  |  | 545 |  |  |  | 4,270 |
Employee stock purchase plan |  |  | 836 |  |  |  | — |  |  |  | 5,375 |  |  |  | 2,836 |
Weighted average dilutive common shares outstanding |  |  | 40,748,023 |  |  |  | 35,683,952 |  |  |  | 40,410,208 |  |  |  | 35,218,756 |
Net income per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.71 |  |  | $ | 0.13 |  |  | $ | 2.50 |  |  | $ | 0.86 |
Diluted |  | $ | 0.66 |  |  | $ | 0.12 |  |  | $ | 2.28 |  |  | $ | 0.81 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The Company excluded the following potential common shares, presented based on weighted average shares outstanding, from the computation of diluted net income per share because including them would have had an anti-dilutive effect:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Convertible senior notes |  |  | — |  |  |  | 4,893,848 |  |  |  | — |  |  |  | 4,893,848 |
Options to purchase common stock |  |  | 316,497 |  |  |  | 37,035 |  |  |  | 606,681 |  |  |  | 323,905 |
Employee stock purchase plan |  |  | — |  |  |  | 16,310 |  |  |  | 12,531 |  |  |  | 13,584 |
Restricted stock units |  |  | 12,964 |  |  |  | 1,002 |  |  |  | 65,387 |  |  |  | 3,949 |
Restricted stock awards |  |  | — |  |  |  | 317 |  |  |  | 1,361 |  |  |  | 106 |
|  |  | 329,461 |  |  |  | 4,948,512 |  |  |  | 685,960 |  |  |  | 5,235,392 |

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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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