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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerator and Denominator Used in Calculation of Basic and Diluted Net Income Per Share

For the years ended December 31, 2023, 2022, and 2021, a reconciliation of the numerator and denominator used in the calculation of basic and diluted net income (loss) per share is as follows:

 

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

Consolidated net income

 

$

22,053

 

 

$

78,954

 

 

$

110,373

 

Net loss attributable to redeemable noncontrolling interest

 

 

(14,889

)

 

 

(5,433

)

 

 

1,129

 

Deemed dividend on redemption of noncontrolling interest

 

 

5,838

 

 

 

 

 

 

 

Accretion of redeemable noncontrolling interest to redemption value

 

 

 

 

 

(109,398

)

 

 

109,398

 

Net income (loss) attributable to common stockholders — basic

 

$

31,104

 

 

$

193,785

 

 

$

(154

)

Net loss attributable to redeemable noncontrolling interest

 

 

(14,889

)

 

 

(5,433

)

 

 

 

Deemed dividend on redemption of noncontrolling interest

 

 

5,838

 

 

 

 

 

 

 

Accretion of redeemable noncontrolling interest to redemption value

 

 

 

 

 

(109,398

)

 

 

 

Net income (loss) attributable to common stockholders — diluted

 

$

22,053

 

 

$

78,954

 

 

$

(154

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average number of shares of common stock used
   in computing net income (loss) per share attributable to
   common stockholders — basic

 

 

113,240,139

 

 

 

118,474,991

 

 

 

117,142,062

 

Dilutive effect of share equivalents resulting from stock
   options

 

 

225,691

 

 

 

275,330

 

 

 

 

Dilutive effect of share equivalents resulting from
   unvested restricted stock units

 

 

723,004

 

 

 

366,258

 

 

 

 

Dilutive effect of share equivalents resulting from CO Incentive units,
   Subject Units, and noncontrolling interest

 

 

 

 

 

9,034,395

 

 

 

 

Weighted-average number of shares of common stock
   used in computing net income (loss) per share attributable to
   common stockholders — diluted

 

 

114,188,834

 

 

 

128,150,974

 

 

 

117,142,062

 

Net income (loss) per share attributable to common
   stockholders:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.27

 

 

$

1.64

 

 

$

(0.00

)

Diluted

 

$

0.19

 

 

$

0.62

 

 

$

(0.00

)

Schedule of Potentially Dilutive Common Stock Equivalents Excluded from Calculation of Diluted Weighted-average Shares Outstanding

For the years ended December 31, 2023, 2022, and 2021, potentially dilutive common stock equivalents that have been excluded from the calculation of diluted weighted‑average shares outstanding as their effect would have been anti‑dilutive are as follows:

 

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Stock options outstanding

 

 

551,196

 

 

 

587,494

 

 

 

617,504

 

Restricted stock units outstanding

 

 

2,333,489

 

 

 

2,634,463

 

 

 

2,867,330

 

CO Incentive Units, Subject Units and noncontrolling interest

 

 

 

 

 

 

 

 

1,509,750