Net Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Basic and Diluted Net Income (Loss) per Share

The following table details the computation of the Company’s basic and diluted EPS of common stock and Series A Preferred Stock:

Year Ended December 31,	2021				2020				2019
	Common Stock		Preferred Stock(1)		Common Stock		Preferred Stock(1)		Common Stock
Basic EPS:
Allocation of undistributed LendingClub net income (loss)	$	18,456	$	124	$	(154,664)	$	(32,874)	$	(30,745)
Deemed dividend	—		—		(50,204)		50,204		—
Net income (loss) attributable to stockholders	$	18,456	$	124	$	(204,868)	$	17,330	$	(30,745)
Weighted-average common shares – Basic	97,486,754		653,118		77,934,302		12,505,393		87,278,596
Basic EPS	$	0.19	$	0.19	$	(2.63)	$	1.39	$	(0.35)
Diluted EPS:
Allocation of undistributed LendingClub net income (loss)	$	18,580	$	—	$	(154,664)	$	(32,874)	$	(30,745)
Deemed dividend	—		—		(50,204)		50,204		—
Net income (loss) attributable to stockholders	$	18,580	$	—	$	(204,868)	$	17,330	$	(30,745)
Weighted-average common shares – Diluted	102,147,353		—		77,934,302		12,505,393		87,278,596
Diluted EPS	$	0.18	$	0.00	$	(2.63)	$	1.39	$	(0.35)

(1)    Presented on an as-converted basis.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes the weighted-average common shares that were excluded from the Company’s diluted EPS computation because their effect would have been anti-dilutive for the periods presented:

Year Ended December 31,	2021	2020	2019
Preferred stock	—	12,505,393	—
Stock options	—	221,949	455,627
RSUs and PBRSUs	—	299,747	59,812
Total	—	13,027,089	515,439