XML 39 R15.htm IDEA: XBRL DOCUMENT v3.20.4

Net Income (Loss) Per Share

12 Months Ended

Dec. 31, 2020

Net Income (Loss) Per Share [Abstract]

Net Income (Loss) Per Share

NOTE 9. NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share and diluted net income (loss) per share are presented for the three years presented. Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed using the weighted average number of shares of common stock outstanding and potential shares assuming the dilutive effect of outstanding stock options, restricted stock units and common stock issuable pursuant to our ESPP, using the treasury stock method.

The following table presents the calculation of weighted average shares of common stock used in the computations of basic and diluted net income (loss) per share amounts presented in the accompanying consolidated statements of operations and comprehensive income (loss) (in thousands, except per share amounts):

	Years Ended December 31,
	2020			2019			2018
Numerator:
Net income (Loss)	$	29,403		$	(84,134)		$	(102,562)
Denominator:
Basic
Weighted average shares used in computing basic net income (loss) per share		165,187			152,527			135,094
Basic net income (loss) per share	$	0.18		$	(0.55)		$	(0.76)
Diluted
Weighted average shares used in computing basic net income (loss) per share		165,187			152,527			135,094
Add: weighted average stock options		6,092			—			—
Add: weighted average restricted stock units		2,324			—			—
Add: weighted average common stock issuable pursuant to our ESPP		1,367			—			—
Weighted average shares used in computing diluted net income (loss) per share		174,970			152,527			135,094
Diluted net income (loss) per share	$	0.17		$	(0.55)		$	(0.76)

The following options outstanding, time-based RSUs, performance-based RSUs and ESPP shares to purchase common stock were excluded from the computation of diluted net loss per share for the periods presented because the effect of including such shares would have been antidilutive:

	Years Ended December 31,
(in thousands)	2020		2019		2018
Options to purchase common stock	4,908		22,697		25,176
RSUs with time-based vesting	100		1,086		371
RSUs with performance-based vesting	94		138		586
Common stock issuable pursuant to our ESPP	2,890		—		—

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

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257

+ Details

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration