Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of Net Income Per Share

The computation of net income per share is as follows (in thousands, except share and per share data):

	Three Months Ended March 31, 2022
	Class A		Class B
Net income per share, basic:
Numerator:
Allocation of undistributed income for basic calculation	$	551	$	809
Denominator:
Number of shares used in basic per share computation	70,760,707		103,762,604
Net income per share, basic	$	0.01	$	0.01
Net income per share, diluted:
Numerator:
Allocation of undistributed income for basic calculation	$	551	$	809
Reallocation of undistributed income for diluted calculation based on conversion of Class B to Class A shares	809		—
Reallocation of undistributed income	—		(36)
Allocation of undistributed income for diluted calculation	$	1,360	$	773
Denominator:
Number of shares used in basic per share computation	70,760,707		103,762,604
Plus: reallocation of Class B to Class A shares outstanding	103,762,604		—
Plus: dilutive common stock options and restricted stock units	8,125,851		—
Number of shares used in diluted per share computation	182,649,162		103,762,604
Net income per share, basic and diluted	$	0.01	$	0.01

	Three Months Ended March 31, 2021
Net income per share, basic:
Numerator:
Net income	$	2,200
Denominator:
Number of shares used in basic per share computation	42,298,941
Net income per share, basic	$	0.05
Net income per share, diluted:
Denominator:
Number of shares used in basic per share computation	42,298,941
Plus: dilutive convertible preferred shares and common stock options	125,953,865
Number of shares used in diluted per share computation	168,252,806
Net income per share, diluted	$	0.01