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Net Income per Share (Tables) | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Summary of Earnings Per Share | The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders for the three and nine months ended September 30, 2022 and 2021:
| Three Months Ended September 30, |  | Nine Months Ended September 30, |
| 2022 |  | 2021 |  | 2022 |  | 2021 |
| (in thousands, except shares and per share data)
Basic net income per share: |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ | 24,529 |  |  | $ | 29,414 |  |  | $ | 70,809 |  |  | $ | 118,242 |  |
Denominator |  |  |  |  |  |  |  |
Basic weighted average common shares | 126,228,723 |  |  | 126,190,351 |  |  | 126,222,084 |  |  | 126,405,822 |  |
Basic net income per share attributable to common stockholders | $ | 0.19 |  |  | $ | 0.23 |  |  | $ | 0.56 |  |  | $ | 0.94 |  |
Diluted net income per share: |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ | 24,529 |  |  | $ | 29,414 |  |  | $ | 70,809 |  |  | $ | 118,242 |  |
Denominator |  |  |  |  |  |  |  |
Basic weighted average common shares | 126,228,723 |  |  | 126,190,351 |  |  | 126,222,084 |  |  | 126,405,822 |  |
Dilutive effect of outstanding time-based restricted stock units | — |  |  | 57,148 |  |  | 331 |  |  | 45,297 |  |
Diluted weighted average common shares | 126,228,723 |  |  | 126,247,499 |  |  | 126,222,415 |  |  | 126,451,119 |  |
Diluted net income per share attributable to common stockholders | $ | 0.19 |  |  | $ | 0.23 |  |  | $ | 0.56 |  |  | $ | 0.94 |  |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following potentially dilutive outstanding securities as of September 30, 2022 and 2021 were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive for the periods presented, or issuance of such shares is contingent upon the satisfaction of certain conditions that were not satisfied by the end of the periods:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Unvested time-based restricted stock units |  | 562,071 |  |  | — |  |  | 562,071 |  |  | — |
Unvested performance-based restricted stock units |  | 234,077 |  |  | 99,289 |  |  | 234,077 |  |  | 99,289 |
Unvested and not exercised stock options |  | 182,233 |  |  | 195,896 |  |  | 182,233 |  |  | 195,896 |
Total |  | 978,381 |  |  | 295,185 |  |  | 978,381 |  |  | 295,185 |

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