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Net Income Per Share
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The computation of net income per share is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
(in thousands, except share and per share amounts)
Basic earnings per share:
Net income$30,005 $45,211 $128,549 $93,130 
Shares used in computation:
Weighted-average common shares outstanding, basic208,988,168 208,116,104 208,169,736 208,116,104 
Earnings per share, basic$0.14 $0.22 $0.62 $0.45 
Diluted earnings per share:
Net income$30,005 $45,211 $128,549 $93,130 
Shares used in computation:
Weighted-average common shares outstanding, basic208,988,168 208,116,104 208,169,736 208,116,104 
Weighted-average effect of potentially dilutive securities:
Unvested common stock subject to forfeiture12,326,206 — 8,572,134 — 
Employee stock options1,290,101 — 732,824 — 
Restricted stock units1,726,564 — 991,288 — 
Underwriters’ option to purchase additional shares— — 25,132 — 
Diluted weighted-average common shares outstanding224,331,039 208,116,104 218,491,114 208,116,104 
Diluted net income per share$0.13 $0.22 $0.59 $0.45 
The following potentially dilutive shares were excluded from the computation of diluted earnings per share for the periods presented because including them would have had an anti-dilutive effect:
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Restricted stock units236,000 — 236,000 —