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(Loss) Earnings per Share
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
(Loss) Earnings per Share

6. (Loss) Earnings per Share

Basic and diluted (loss) earnings per share are calculated as follows (in 000s):

 

 

Years Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(209,360

)

 

$

(149,338

)

 

$

24,926

 

Net (loss) income attributable to common stockholders

 

$

(209,360

)

 

$

(149,338

)

 

$

24,926

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

70,371

 

 

 

60,761

 

 

 

52,065

 

Effective of Dilutive Securities

 

 

 

 

 

 

 

 

 

Options to purchase common stock

 

 

 

 

 

 

 

 

1,429

 

Non - vested restricted stock units (RSUs)

 

 

 

 

 

 

 

 

118

 

ESPP to purchase common stock

 

 

 

 

 

 

 

 

11

 

Dilutive potential common shares

 

 

 

 

 

-

 

 

 

1,558

 

      Shares used in calculating diluted (loss) earnings per share

 

 

70,371

 

 

 

60,761

 

 

 

53,623

 

The following potentially dilutive securities have been excluded from the computation of diluted weighted-average shares outstanding because such securities have an antidilutive impact due to losses reported (in common stock equivalent shares, in 000s):

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Options to purchase common

 

 

10,685

 

 

 

7,982

 

 

 

 

Non-vested RSUs

 

 

309

 

 

 

131

 

 

 

 

ESPP to purchase common stock

 

 

35

 

 

 

17

 

 

 

 

For additional information related to the Company's common stock see Note 12, Common Stock to these consolidated financial statements.