XML 54 R36.htm IDEA: XBRL DOCUMENT v3.24.3
NET (LOSS) INCOME PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net (Loss) Income Per Common Share
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 
Schedule of Potential Dilutive Effect of the Securities Excluded from the Calculation of Diluted (Loss) Income Per Share
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