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Net Income Per Share (Tables) | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method | The following table presents the Company’s basic net income per share (in thousands, except per share amounts):
|  |  | Year Ended December 31,
|  |  |  |  | 2023 |  | 2022 |  | 2021
Net income per share, basic: |  |  |  |  |  |  |  |  |
Net income |  |  |  |  | $ | 49,098 |  |  | $ | 61,494 |  |  | $ | 3,600 |
Less: Accretion of redeemable convertible preferred stock |  |  |  |  | — |  |  | — |  |  | (1,480) |
Less: Undistributed earnings attributable to participating securities |  |  |  |  | — |  |  | — |  |  | (168) |
Net income attributable to Class A and Class B common stockholders |  |  |  |  | $ | 49,098 |  |  | $ | 61,494 |  |  | $ | 1,952 |
Weighted average shares of Class A and Class B common stock outstanding |  |  |  |  | 100,730 |  |  | 114,272 |  |  | 102,230 |
Net income per share attributable to Class A and Class B common stockholders, basic |  |  |  |  | $ | 0.49 |  |  | $ | 0.54 |  |  | $ | 0.02 |
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method | The following table presents the Company’s diluted net income per share (in thousands, except per share amounts):
|  |  | Year Ended December 31,
|  |  |  |  | 2023 |  | 2022 |  | 2021
Net income per share, diluted: |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to Class A and Class B common stockholders |  |  |  |  | $ | 49,098 |  |  | $ | 61,494 |  |  | $ | 1,952 |
Add: |  |  |  |  |  |  |  |  |
Reallocation of net income attributable to participating securities |  |  |  |  | — |  |  | — |  |  | 18 |
Net income attributable to Class A and Class B common stockholders, diluted |  |  |  |  | $ | 49,098 |  |  | $ | 61,494 |  |  | $ | 1,970 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average shares of Class A and Class B common stock outstanding, basic |  |  |  |  | 100,730 |  |  | 114,272 |  |  | 102,230 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |
Options to purchase common stock |  |  |  |  | 4,761 |  |  | 6,943 |  |  | 12,471 |
Unvested restricted stock units |  |  |  |  | 267 |  |  | 183 |  |  | 725 |
Employee stock purchase plan |  |  |  |  | 23 |  |  | — |  |  | 12 |
Unvested early exercise common stock |  |  |  |  | — |  |  | — |  |  | 33 |
Weighted average shares of Class A and Class B common stock outstanding, diluted |  |  |  |  | 105,781 |  |  | 121,398 |  |  | 115,471 |
Net income per share attributable to Class A and Class B common stockholders, diluted |  |  |  |  | $ | 0.46 |  |  | $ | 0.51 |  |  | $ | 0.02 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following table presents the weighted average number of potentially dilutive common stock equivalents excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive (in thousands):
|  |  | Year Ended December 31,
|  |  |  |  | 2023 |  | 2022 |  | 2021
Options to purchase common stock |  |  |  |  | 5 |  |  | 71 |  |  | 3 |
Unvested restricted stock units |  |  |  |  | 6,247 |  |  | 5,681 |  |  | 153 |
Convertible notes with related parties, if converted basis |  |  |  |  | — |  |  | — |  |  | 1,226 |
Employee stock purchase plan |  |  |  |  | 124 |  |  | 240 |  |  | 45 |
Total shares excluded from diluted net income per share |  |  |  |  | 6,376 |  |  | 5,992 |  |  | 1,427 |

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