Net Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Reconciliation of the Numerator and Denominator used in Computing Basic and Diluted Net Earnings (Loss) Per Share

For the periods presented, the following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net earnings (loss) per share (in thousands, except per share amounts):

	Three months ended March 31,
	2024		2023
Numerator:
Net income (loss)	$	33,344	$	(4,358	)
Interest add back		1,216		—
Net income (loss) attributable to common stockholders	$	34,560	$	(4,358	)
Denominator:
Weighted average common shares outstanding, basic		27,357		26,285
Dilutive effect of:
Stock plans		1,479		—
2021 Notes		2,589		—
Weighted average common shares outstanding, diluted		31,425		26,285
Net earnings (loss) per share — basic	$	1.22	$	(0.17	)
Net earnings (loss) per share — diluted	$	1.10	$	(0.17	)

Computation of Diluted Net Earnings (Loss) Per Share Effect in Antidilutive

The following table presents the outstanding shares of our common stock equivalents excluded from the computation of diluted net earnings (loss) per share as of the dates presented because their effect would have been antidilutive (in thousands):

	Three months ended March 31,
	2024		2023
Stock options		—		1,600
RSUs, MSUs and PSUs		878		1,551
Employee stock purchase plan shares		18		16
2021 Notes		—		2,589