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Net loss per share (Tables)
9 Months Ended
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)
2022202120222021
Numerator:
Net income - Basic$17,570 $311,761 $25,774 $318,545 
Interest on convertible notes, income tax effected485 — 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 stock155,819 155,009 156,464 153,618 
Effect of dilutive securities17,365 7,737 23,574 9,110 
Weighted-average common shares - diluted for Class A and Class B common stock173,184 162,746 180,038 162,728 
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)
2022202120222021
Stock-based awards10,328 1,772 7,007 1,682