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Net Income Per Share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Reconciliation of Net Income and Number of Shares in the Calculation of Basic and Diluted Net Income per Share | A reconciliation of net income and the number of shares in the calculation of basic and diluted net income per share is as follows (in thousands, except share and per share amounts):
| Three Months Ended September 30 |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Basic net income per common share: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 10,421 |  | $ | 15,898 |  | $ | 43,804 |  | $ | 48,567
Denominator: |  |  |  |  |  |  |
Weighted-average shares used in computing basic net income per share | 90,067,675 |  | 95,502,250 |  | 91,650,576 |  | 94,698,616
Basic net income per share | $ | 0.12 |  | $ | 0.17 |  | $ | 0.48 |  | $ | 0.51
Diluted net income per common share: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 10,421 |  | $ | 15,898 |  | $ | 43,804 |  | $ | 48,567
Denominator: |  |  |  |  |  |  |
Weighted-average shares used in computing basic net income per share | 90,067,675 |  | 95,502,250 |  | 91,650,576 |  | 94,698,616
Effect of dilutive securities |  |  |  |  |  |  |
Options to purchase common stock | 3,377,946 |  | 4,469,252 |  | 3,624,530 |  | 5,003,182
Shares issuable under ESPP | 12,708 |  | 2,146 |  | 6,931 |  | 1,306
Warrants to purchase common stock | 283,620 |  | 472,147 |  | 237,630 |  | 515,335
Restricted stock units | 79,863 |  | 433,781 |  | 238,862 |  | 334,266
Total effect of dilutive securities | 3,754,137 |  | 5,377,326 |  | 4,107,953 |  | 5,854,089
Weighted-average shares used in computing diluted net income per share | 93,821,812 |  | 100,879,576 |  | 95,758,529 |  | 100,552,705
Diluted net income per share | $ | 0.11 |  | $ | 0.16 |  | $ | 0.46 |  | $ | 0.48
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following weighted-average outstanding shares of potentially dilutive securities were excluded from the computation of diluted income per share for the period presented because including them would have been antidilutive:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Options to purchase common stock | 14,229,102 |  | 11,988,899 |  | 13,405,518 |  | 11,887,706
Shares issuable under ESPP | 2,780 |  | — |  | 2,935 |  | 1,589
Restricted stock units | 2,793,955 |  | 986,798 |  | 1,919,893 |  | 1,045,151
Total | 17,025,837 |  | 12,975,697 |  | 15,328,346 |  | 12,934,446

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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