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Net Income (Loss) per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Income (Loss) per Share Net Income (Loss) per Share
The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share for the years ended December 31, 2024, 2023, and 2022:
 (In thousands, except share and per share data)202420232022
Numerator:
Basic: net income (loss)$215,586 $46,887 $(89,885)
Gain on early extinguishment of debt, net of tax— (38,525)— 
Interest expense related to convertible senior notes, net of tax2,239 389 — 
Diluted: net income (loss)$217,825 $8,751 $(89,885)
Denominator:
Weighted-average shares used to compute net income (loss) per share, basic and diluted
Basic133,620,612134,774,189130,517,920
Options to purchase common stock1,211,092 1,401,107 — 
Common stock issuable upon vesting of restricted stock units and performance stock units2,437,873 — — 
Common stock issuable upon exercise of common stock warrants232,813 299,741 — 
Common stock issuable in connection with employee stock purchase plan186,594 16,270 — 
Common stock issuable in connection with convertible senior notes5,463,045 771,923 — 
Diluted143,152,029 137,263,230 130,517,920 
Net income (loss) per share:
Basic$1.61 $0.35 $(0.69)
Diluted$1.52 $0.06 $(0.69)
For the years ended December 31, 2024, 2023, and 2022, the following potentially dilutive shares were excluded from the computation of diluted net income (loss) per share because including them would have been anti-dilutive:
202420232022
Options to purchase common stock1,500,000 1,859,807 3,851,647 
Common stock issuable upon exercise of common stock warrants— — 350,000 
Common stock issuable upon vesting of RSUs and PSUs6,403,843 10,348,892 7,913,985 
Common stock issuable in connection with employee stock purchase plan557,444 1,110,018 1,781,469 
Common stock issuable in connection with convertible senior notes— 5,463,045 8,701,935 
Total8,461,287 18,781,762 22,599,036