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Net loss per share (Tables) | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Schedule of Net Income per Share, Basic and Diluted | The following table presents the calculations of basic and diluted net income per share:
| Three months ended September 30, |  | Nine months ended September 30, |  |
(in thousands, except per share data) | 2022 |  | 2021 |  | 2022 |  | 2021 |  |
Numerator: |  |  |  |  |  |  |  |  |
Net income - Basic | $ | 17,570 |  |  | $ | 311,761 |  |  | $ | 25,774 |  |  | $ | 318,545 |  |  |
Interest on convertible notes, income tax effected | 485 |  |  | — |  |  | 2,721 |  |  | — |  |  |
Net income - Diluted | $ | 18,055 |  |  | $ | 311,761 |  |  | $ | 28,495 |  |  | $ | 318,545 |  |  |
Denominator: |  |  |  |  |  |  |  |  |
Weighted-average common shares - basic for Class A and Class B common stock | 155,819 |  |  | 155,009 |  |  | 156,464 |  |  | 153,618 |  |  |
Effect of dilutive securities | 17,365 |  |  | 7,737 |  |  | 23,574 |  |  | 9,110 |  |  |
Weighted-average common shares - diluted for Class A and Class B common stock | 173,184 |  |  | 162,746 |  |  | 180,038 |  |  | 162,728 |  |  |
Net income per share |  |  |  |  |  |  |  |  |
Basic | $ | 0.11 |  |  | $ | 2.01 |  |  | $ | 0.16 |  |  | $ | 2.07 |  |  |
Diluted | $ | 0.10 |  |  | $ | 1.92 |  |  | $ | 0.16 |  |  | $ | 1.96 |  |  |
Schedule of Antidilutive Securities Excluded from Computation of Net Income per Share | The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:
| Three months ended September 30, |  | Nine months ended September 30,
(in thousands) | 2022 |  | 2021 |  | 2022 |  | 2021 |  |
Stock-based awards | 10,328 |  |  | 1,772 |  |  | 7,007 |  |  | 1,682 |  |  |

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- 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 http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- 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 http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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