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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Schedule Of Earnings Per Share Basic And Diluted [Abstract]  
Summary of Basic and Diluted Earnings (Loss) per Share of Common Stock

The following table sets forth the computation of basic and diluted earnings (loss) per Class A Common Stock and Class B Common Stock (amounts in thousands, except per share amounts):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders - Basic

 

$

15,351

 

 

$

(375,853

)

 

$

21,260

 

 

$

(405,172

)

Less: Change in fair value of assumed common stock warrant liabilities

 

 

(68,934

)

 

 

 

 

 

(168,674

)

 

 

 

Net loss attributable to common stockholders - Diluted

 

$

(53,583

)

 

$

(375,853

)

 

$

(147,414

)

 

$

(405,172

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average Class A and Class B Common Stock outstanding - Basic

 

 

417,829

 

 

 

239,922

 

 

 

397,370

 

 

 

239,838

 

Effect of dilutive securities

 

 

2,820

 

 

 

 

 

 

6,999

 

 

 

 

Weighted average Class A and Class B Common Stock - Diluted

 

 

420,649

 

 

 

239,922

 

 

 

404,369

 

 

 

239,838

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share attributable to Class A and Class B Common stockholders
   - Basic

 

$

0.04

 

 

$

(1.57

)

 

$

0.05

 

 

$

(1.69

)

Net loss per share attributable to Class A and Class B Common stockholders
   - Diluted

 

$

(0.13

)

 

$

(1.57

)

 

$

(0.36

)

 

$

(1.69

)

 

Summary of Potential Common Stock Outstanding Excluded from Computation of Diluted Net Loss Per Share

The following table presents the potential common stock outstanding that was excluded from the computation of diluted net loss per share of common stock as of the periods presented because including them would have been antidilutive (amounts in thousands):

 

 

 

As of September 30,

 

 

 

2021

 

 

2020

 

Warrants

 

 

 

 

 

1,023

 

Options outstanding

 

 

43,177

 

 

 

57,233

 

Restricted stock units

 

 

10,998

 

 

 

12,979

 

Total

 

 

54,175

 

 

 

71,235