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Net Income Per Share | 3 Months Ended
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Mar. 31, 2024
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 March 31, |  |
| 2024 |  | 2023 |  |  |  |
(in thousands, except share and per share amounts) |  |  |  |  |  |  |
Basic earnings per share: |  |  |  |  |  |  |
Net income | $ | 19,647 |  |  | $ | 9,099 |  |  |  |  |
Shares used in computation: |  |  |  |  |  |  |
Weighted-average common shares outstanding, basic | 215,549,467 |  |  | 215,587,699 |  |  |  |  |
Earnings per share, basic | $ | 0.09 |  |  | $ | 0.04 |  |  |  |  |
Diluted earnings per share: |  |  |  |  |  |  |
Net income | $ | 19,647 |  |  | $ | 9,099 |  |  |  |  |
Shares used in computation: |  |  |  |  |  |  |
Weighted-average common shares outstanding, basic | 215,549,467 |  |  | 215,587,699 |  |  |  |  |
Weighted-average effect of potentially dilutive securities: |  |  |  |  |  |  |
Unvested common stock subject to forfeiture | 794,502 |  |  | 2,813,251 |  |  |  |  |
Employee stock options | — |  |  | 18,851 |  |  |  |  |
Restricted stock units | 521,083 |  |  | 329,454 |  |  |  |  |
Diluted weighted-average common shares outstanding | 216,865,052 |  |  | 218,749,255 |  |  |  |  |
Diluted net income per share | $ | 0.09 |  |  | $ | 0.04 |  |  |  |  |
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 March 31, |  |
| 2024 |  | 2023 |  |  |  |
Employee stock options | 3,248,445 |  |  | 3,109,412 |  |  |  |  |
Restricted stock units | 7,396,613 |  |  | 8,940,648 |  |  |  |  |
Unvested common stock subject to forfeiture | 246,083 |  |  | 657,228 |  |  |  |  |
As of March 31, 2024, 6,542,885 PRSUs were not assessed for inclusion in diluted earnings per share, and any potential antidilutive shares were excluded from the table above because they are subject to performance conditions that were not achieved as of such date.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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