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NET (LOSS) INCOME PER COMMON SHARE
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
NET (LOSS) INCOME PER COMMON SHARE NET (LOSS) INCOME PER COMMON SHARE
Basic net (loss) income per common share is calculated by dividing the net (loss) income attributable to common shares by the weighted average number of common shares outstanding during the period. Diluted net (loss) income per common share is calculated by dividing the net (loss) income attributable to common shares by the weighted average number of common shares outstanding plus dilutive potential common shares outstanding during the period.
Potential common shares include the shares of common stock issuable upon the exercise of outstanding stock options, the vesting of RSUs and the purchase of shares from the ESPP (using the treasury stock method), if applicable. Potential common shares associated with convertible senior notes are treated under the if-converted method. Adjustments are made to the diluted net (loss) income per common share calculation as if the Company had converted the convertible senior notes on the first day of each period presented. Adjustments to the numerator are made to add back the interest expense associated with the convertible senior notes on a post-tax basis. Adjustments to the denominator reflect the number of shares assumed to be convertible at the beginning of the period.
Potential common shares are excluded from the diluted net (loss) income per common share computation to the extent they would be antidilutive.
The following table sets forth the computation of basic and diluted net (loss) income per common share for the three and nine months ended September 30, 2024 and 2023 (in thousands, except per common share amounts):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Numerator:
   Net (loss) income—basic$(143,466)$10,858 $(115,601)$17,085 
2025 Notes if-converted method adjustment— 1,029 — — 
   Adjusted net (loss) income—diluted$(143,466)$11,887 $(115,601)$17,085 
Denominator:
   Weighted average common shares outstanding—basic46,134 46,416 46,269 46,151 
Computation of diluted securities:
2025 Notes if-converted method adjustment— 5,608 — — 
   Dilutive effect of stock options— 20 — 68 
   Dilutive effect of RSUs— 23 — 122 
Dilutive effect of ESPP purchase options— — — 2 
   Weighted average common shares outstanding—diluted46,134 52,067 46,269 46,343 
Net (loss) income per common share:
   Basic and diluted net (loss) income per common share$(3.11)$0.23 $(2.50)$0.37 
The following table summarizes the outstanding stock options, RSUs, ESPP purchase options and convertible senior notes that were excluded from the diluted net (loss) income per common share calculation because the effects of including these potential shares were antidilutive in the periods presented (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Weighted average number of stock options6,925 7,057 7,305 5,953 
2025 Notes2,821 — 4,184 5,608 
Weighted average number of RSUs2,637 1,349 1,935 956 
Weighted average ESPP purchase options47 39 51 13 
      Total12,430 8,445 13,475 12,530