Net Income (Loss) Per Share |
12. Net Income (Loss) Per Share The following table summarizes the calculation of basic and diluted net income (loss) per share (in thousands, except per share amounts):
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Years Ended December 31, |
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2023 |
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2022 |
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2021 |
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Numerator |
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Net income (loss) |
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$ |
(1,037 |
) |
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$ |
(53,946 |
) |
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$ |
100,960 |
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Less: Net income attributable to noncontrolling interest |
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1,553 |
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442 |
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— |
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Net income (loss) attributable to Corsair Gaming, Inc. |
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(2,590 |
) |
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(54,388 |
) |
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100,960 |
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Change in redemption value of redeemable noncontrolling interest |
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5,777 |
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(6,536 |
) |
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— |
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Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. |
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$ |
3,187 |
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$ |
(60,924 |
) |
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$ |
100,960 |
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Denominator |
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Basic weighted-average shares outstanding |
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102,482 |
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96,280 |
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93,260 |
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Effect of dilutive securities |
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3,794 |
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— |
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6,744 |
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Total diluted weighted-average shares outstanding |
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106,276 |
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96,280 |
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100,004 |
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Net income (loss) per share attributable to common stockholders of Corsair Gaming, inc. |
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Basic |
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$ |
0.03 |
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$ |
(0.63 |
) |
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$ |
1.08 |
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Diluted |
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$ |
0.03 |
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$ |
(0.63 |
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$ |
1.01 |
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Anti-dilutive potential common shares (1) |
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5,304 |
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10,908 |
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927 |
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(1)Potential common share equivalents were not included in the calculation of diluted net income (loss) per share as the effect would have been anti-dilutive.
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