Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders for the periods indicated:


(in thousands, except share and per share amounts)	Three Months Ended March 31,
	2021		2022
Numerator:
Net income attributable to stockholders	$	628	$	6,236
Less: Undistributed amounts allocated to participating securities	3		—
Undistributed income allocated to stockholders	625		6,236
Denominator:
Weighted average number of shares outstanding, basic	88,602,167		93,967,819
Weighted average additional shares assuming conversion of potential common shares	3,562,996		5,218,637
Weighted average common shares outstanding - diluted	92,165,163		99,186,456
Net income per share attributable to stockholders, basic	$	0.01	$	0.07
Net income per share attributable to stockholders, diluted	$	0.01	$	0.06

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive outstanding securities 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 which were not satisfied by the end of the period:


	Three Months Ended March 31,
	2021	2022
Stock options	5,971,634	8,866,851
Common stock issued in exchange for promissory notes	370,182	—
Restricted Stock Awards	—	2,272,422
Restricted Stock Units	—	47,663