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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerator and Denominator Used in Calculation of Basic and Diluted Net Income Per Share

For the three months ended June 30, 2025 and 2024 and for the six months ended June 30, 2025 and 2024, a reconciliation of the numerator and denominator used in the calculation of basic and diluted net income (loss) per share was as follows:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

22,343

 

 

$

(68,721

)

 

$

61,388

 

 

$

(47,420

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

98,889,893

 

 

 

103,827,661

 

 

 

100,980,676

 

 

 

105,501,236

 

Dilutive effect of share equivalents resulting from stock
   options

 

 

15,167

 

 

 

 

 

 

17,893

 

 

 

 

Dilutive effect of share equivalents resulting from
   unvested restricted stock units

 

 

1,279,007

 

 

 

 

 

 

1,615,872

 

 

 

 

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

 

 

100,184,067

 

 

 

103,827,661

 

 

 

102,614,441

 

 

 

105,501,236

 

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

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.23

 

 

$

(0.66

)

 

$

0.61

 

 

$

(0.45

)

Diluted

 

$

0.22

 

 

$

(0.66

)

 

$

0.60

 

 

$

(0.45

)

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

For the three months ended June 30, 2025 and 2024 and for the six months ended June 30, 2025 and 2024, 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 was as follows:

 

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Stock options outstanding

 

 

 

360,751

 

 

 

713,205

 

 

 

360,751

 

 

 

537,981

 

Restricted stock units outstanding

 

 

 

153,272

 

 

 

6,567,748

 

 

 

105,799

 

 

 

1,025,342