Net Income per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

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 presented:

(in thousands, except share and per share amounts)	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2022		2021		2022
Numerator:
Net income attributable to stockholders	$	3,397	$	11,571	$	4,025	$	17,807
Less: Undistributed amounts allocated to participating securities	14		—		17		—
Undistributed income allocated to stockholders	$	3,383	$	11,571	$	4,008	$	17,807
Denominator:
Weighted average number of shares outstanding, basic	88,826,919		94,024,970		88,717,890		93,996,553
Weighted average additional shares assuming conversion of potential common shares	86,256		5,319,593		85,058		5,269,115
Weighted average common shares outstanding - diluted	88,913,175		99,344,563		88,802,948		99,265,668
Net income per share attributable to stockholders, basic	$	0.04	$	0.12	$	0.05	$	0.19
Net income per share attributable to stockholders, diluted	$	0.04	$	0.12	$	0.05	$	0.18

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 and Six Months Ended June 30,
	2021	2022
Stock options	8,478,246	8,827,083
Common stock issued in exchange for promissory notes	370,182	—
Restricted Stock Awards	—	2,719,936
Restricted Stock Units	—	42,704