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Note 11 - Earnings Per Share Attributable to Common Stockholders | 6 Months Ended
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Jun. 30, 2023
Notes to Financial Statements |
Earnings Per Share [Text Block] | Note 11 – Earnings Per Share Attributable to Common Stockholders: Basic net earnings (loss) per share of common stock is calculated by dividing net income (loss) attributable to common stockholders by the weighted-average number of shares of common stock outstanding for the period. Diluted net earnings (loss) per share of common stock is computed by giving effect to all potentially dilutive securities. For purpose of determining diluted earnings per common share, the treasury stock method is used for stock options, warrants, and RSUs, and the if-converted method is used for convertible instruments such as convertible debt as prescribed in FASB ASC Topic 260. In conjunction with the issuance of the $402.5 million Convertible Notes in March 2023, the Company used $66.2 million of the proceeds to purchase capped call instruments. In accordance with FASB ASC 260, antidilutive contracts, such as purchased put options and purchased call options are excluded from the computation of diluted net loss per share. Accordingly, any potential impact resulting from capped call transaction is excluded from our computation of diluted net loss per share. Diluted net loss per common share is the same as basic net loss per common share, due to the fact that potentially dilutive securities would have an antidilutive effect as the Company incurred a net loss for the three and six months ended June 30, 2023 and 2022. The potentially dilutive securities excluded from the determination of diluted loss per share, as their effect is antidilutive, are as follows (in thousands):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Service Period Stock Options |  |  | 1,203 |  |  |  | 1,272 |  |  |  | 1,230 |  |  |  | 1,261 |
Restricted Stock Units |  |  | 518 |  |  |  | 169 |  |  |  | 392 |  |  |  | 150 |
Performance Stock Options |  |  | 1,117 |  |  |  | 944 |  |  |  | 1,117 |  |  |  | 944 |
Convertible Notes |  |  | 5,776 |  |  |  | — |  |  |  | 5,776 |  |  |  | — |
Total |  |  | 8,614 |  |  |  | 2,385 |  |  |  | 8,515 |  |  |  | 2,355 |

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