XML 30 R24.htm IDEA: XBRL DOCUMENT v3.24.3

Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted net income per share

The following table shows the computation of basic and diluted net income per share for the three and nine months ended September 30, 2024 and 2023:

		Three Months Ended September 30,								Nine Months Ended September 30,
(In thousands except per share data)		2024				2023				2024				2023
Numerator:
Net income, basic		$	1,213			$	82,046			$	3,060			$	118,191
Add: interest expense on 2023 Notes, net of tax effect			—				—				—				86
Add: interest expense on 2025 Notes, net of tax effect			—				1,236				—				3,703
Add: interest expense on 2028 Notes, net of tax effect			—				1,543				—				4,618
Net income, diluted		$	1,213			$	84,825			$	3,060			$	126,598
Denominator:
Weighted-average shares used to compute basic net income   per share			62,569				64,953				62,759				66,016
Dilutive effect of 2023 Notes			—				—				—				250
Dilutive effect of 2025 Notes			—				11,150				—				11,150
Dilutive effect of 2028 Notes			—				9,955				—				9,955
Dilutive effect of options and awards granted under equity    incentive plan and employee stock purchase plan			372				106				261				133
Dilutive effect of outstanding warrant			10				—				—				—
Weighted-average shares used to compute diluted net income   per share			62,951				86,164				63,020				87,504
Net income per share
Basic		$	0.02			$	1.26			$	0.05			$	1.79
Diluted		$	0.02			$	0.98			$	0.05			$	1.45

Schedule of anti-dilutive securities

The following common stock equivalents were not included in the computation of diluted net income per share because their effect was anti-dilutive for the periods presented:

		Three Months Ended September 30,								Nine Months Ended September 30,
(In thousands)		2024				2023				2024				2023
Outstanding options and awards granted under equity incentive    plan and employee stock purchase plan			1,111				1,389				1,434				1,284
Outstanding stock warrant			—				591				591				591
Outstanding 2025 Notes			11,150				—				11,150				—
Outstanding 2028 Notes			9,955				—				9,955				—
Total			22,216				1,980				23,130				1,875

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration