XML 36 R19.htm IDEA: XBRL DOCUMENT
v3.25.2

Net Income (Loss) Per Share | 6 Months Ended
--- | ---
Jun. 30, 2025
Net Income (Loss) Per Share |
Net Income (Loss) Per Share | 12. Net Income (Loss) Per Share Basic net loss per share is calculated by dividing the net loss by the weighted-average number of shares of common stock outstanding for the period, without consideration for potential dilutive common shares. Diluted net loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding for the period, without consideration for any potential dilutive common share equivalents as their effect would be antidilutive. The following table sets forth the computation of the basic and diluted net income (loss) per share: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | ​ | June 30,
(in thousands, except share and per share data) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Net loss from continuing operations | ​ | $ | (44,862) | ​ | $ | (54,851) | ​ | $ | (92,260) | ​ | $ | (122,887)
Weighted-average common shares outstanding, basic and diluted | ​ | ​ | 116,077,710 | ​ |  | 114,819,965 | ​ | ​ | 115,968,352 | ​ |  | 113,784,636
Net loss from continuing operations, basic and diluted | ​ | $ | (0.39) | ​ | $ | (0.48) | ​ | $ | (0.80) | ​ | $ | (1.08)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income from discontinued operations, net of tax | ​ | $ | 342,629 | ​ | $ | 41,930 | ​ | $ | 333,458 | ​ | $ | 212,841
Weighted-average common shares outstanding, basic and diluted | ​ | ​ | 116,077,710 | ​ |  | 114,819,965 | ​ | ​ | 115,968,352 | ​ |  | 113,784,636
Net income from discontinued operations, basic and diluted | ​ | $ | 2.95 | ​ | $ | 0.37 | ​ | $ | 2.88 | ​ | $ | 1.87
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income (loss) | ​ | $ | 297,767 | ​ | $ | (12,921) | ​ | $ | 241,198 | ​ | $ | 89,954
Weighted-average common shares outstanding, basic and diluted | ​ | ​ | 116,077,710 | ​ |  | 114,819,965 | ​ | ​ | 115,968,352 | ​ |  | 113,784,636
Net income (loss) per share, basic and diluted | ​ | $ | 2.57 | ​ | $ | (0.11) | ​ | $ | 2.08 | ​ | $ | 0.79
​ The following outstanding dilutive potential shares were excluded from the calculation of diluted net income (loss) per share due to their anti-dilutive effect:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2025 |  | 2024 |  | 2025 |  | 2024
Stock options, performance stock options and shares subject to ESPP |  | 29,704,100 |  | 28,352,532 | ​ | 30,386,951 |  | 27,925,350
Restricted stock units |  | 236,960 |  | 894,106 | ​ | 300,388 |  | 989,676
Shares issuable upon conversion of 2026 Convertible Notes | ​ | 6,283 | ​ | 11,942,152 | ​ | 6,283 | ​ | 11,942,152
Total |  | 29,947,343 |  | 41,188,790 | ​ | 30,693,622 |  | 40,857,178
​ The amounts in the table above exclude any shares contingently issuable pursuant to the CVR Agreement because the conditions that could result in a payment becoming due were not met.

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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration