XML 35 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2

Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income (loss) Per Share

The following is a calculation of the basic and diluted net income per share (in thousands, except share and per share data):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2022				2021				2022				2021
Net income, basic and diluted		$	175,312			$	110,428			$	617,440			$	3,330
Weighted-average shares outstanding, basic			132,729,530				130,665,831				132,422,028				129,520,837
Weighted-average effect of dilutive securities:
Options to purchase common stock			2,144,302				3,173,930				2,227,493				3,757,681
Restricted shares subject to future vesting			75,759				14,658				55,080				36,138
Shares to purchase under Employee Stock Purchase Plan			13,726				—				7,176				—
Contingently issuable shares			—				—				—				4,323
Weighted-average shares outstanding, diluted			134,963,317				133,854,419				134,711,777				133,318,979
Net income per share, basic		$	1.32			$	0.85			$	4.66			$	0.03
Net income per share, diluted		$	1.30			$	0.82			$	4.58			$	0.02

Schedule of Potentially Dilutive Securities Not Included in the Diluted Per Share Calculations

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

		Three Months Ended September 30,								Nine Months Ended September 30,
		2022				2021				2022				2021
Options issued and outstanding			8,381,275				6,316,134				8,717,954				5,278,033
Restricted shares subject to future vesting			2,194,050				1,067,204				2,720,818				1,025,454
Total			10,575,325				7,383,338				11,438,772				6,303,487

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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

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