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NET LOSS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2022
Earnings Per Share [Abstract] |
Basic and Diluted Net Loss Per Share | For both the three months ended March 31, 2022 and 2021, there were no differences between basic and diluted net loss per share since the effect of common stock equivalents would be anti-dilutive due to the net loss position and, therefore, would be excluded from the diluted net loss per share calculation.
|  | For the Three Months Ended March 31, |
|  | 2022 |  |  | 2021 |
| (in thousands, except per share amounts) |
Net loss |  | $ | (105,025 | ) |  | $ | (167,250 | )
Weighted-average common shares outstanding - basic |  |  | 87,253 |  |  |  | 79,454 |
Effect of dilutive securities* |  |  | — |  |  |  | — |
Weighted-average common shares outstanding - diluted |  |  | 87,253 |  |  |  | 79,454 |
Net loss per share - basic and diluted |  | $ | (1.20 | ) |  | $ | (2.10 | )
* For the three months ended March 31, 2022 and 2021, stock options, RSAs, RSUs, and ESPP to purchase 11.3 million and 10.3 million shares of the Company’s common stock, respectively, were excluded from the diluted net loss per share calculation as their effect would have been anti-dilutive. The Company accounts for the effect of its 2024 Notes on diluted net earnings per share (“EPS”) using the if-converted method as this obligation may be settled in cash or shares at the Company’s option. The effect of potential share settlement is included in the diluted EPS calculation if the effect is more dilutive. During the three months ended March 31, 2022 and March 31, 2021, respectively, the inclusion of the potential share settlement of the 2024 Notes was anti-dilutive. Accordingly, the potential conversion of 7,763,552 shares has been excluded from the computation of diluted net loss per share as of March 31, 2022 and March 31, 2021, respectively.

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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