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(Loss) Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) 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

 

Potential Dilutive Securities Excluded from Computation of Diluted Net Loss per Common Share

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.