Loss Per Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Loss Per Share

14.Loss Per Share

Basic and diluted loss per share was calculated as follows:

	Year Ended December 31,
	2022			2021			2020
	(In thousands)
Net loss	$	(474,186	)	$	(267,892	)	$	(134,231	)
Weighted average shares outstanding, basic    and diluted		76,972			70,894			55,987
Net loss per share, basic and diluted	$	(6.16	)	$	(3.78	)	$	(2.40	)

The following common stock equivalents were excluded from the calculation of diluted loss per share in 2022, 2021 and 2020 because their inclusion would have been anti-dilutive:

	Year Ended December 31,
	2022		2021		2020
	(In thousands)
Unvested restricted stock		1,941		453		194
Stock options		5,472		6,305		6,977
		7,413		6,758		7,171