XML 51 R39.htm IDEA: XBRL DOCUMENT v3.25.2

NET (LOSS) INCOME PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2025

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 six months ended June 30, 2025 and 2024 (in thousands, except per common share amounts):

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Numerator:
Net (loss) income—basic			$	(4,847)					$	18,886					$	(35)					$	27,865
2025 Notes if-converted method adjustment			—						762						—						1,790
Adjusted net (loss) income—diluted			$	(4,847)					$	19,648					$	(35)					$	29,655
Denominator:
Weighted average common shares outstanding—basic			45,459						46,174						45,867						46,337
Computation of diluted securities:
2025 Notes if-converted method adjustment			—						4,122						—						4,865
Dilutive effect of RSUs			—						239						—						162
Dilutive effect of ESPP share options			—						4						—						2
Weighted average common shares outstanding—diluted			45,459						50,539						45,867						51,366
Net income per common share:
Basic net (loss) income per common share			$	(0.11)					$	0.41					$	(0.00)					$	0.60
Diluted net (loss) income per common share			$	(0.11)					$	0.39					$	(0.00)					$	0.58

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 share 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 June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Weighted average number of stock options			6,858						7,311						6,921						7,486
2025 Notes			2,821						—						2,821						—
Weighted average number of RSUs			4,703						1,304						4,417						1,267
Weighted average ESPP share options			101						—						102						26
Total			14,483						8,615						14,261						8,779

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