Net Income Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computation of net income per share is as follows:

	Year Ended December 31,
	2023		2022		2021
(in thousands, except share and per share amounts)
Basic earnings per share:
Net income	$	53,636	$	60,666	$	140,473
Shares used in computation:
Weighted-average common shares outstanding, basic	216,892,525		214,458,284		208,833,827
Earnings per share, basic	$	0.25	$	0.28	$	0.67
Diluted earnings per share:
Net income	$	53,636	$	60,666	$	140,473
Shares used in computation:
Weighted-average common shares outstanding, basic	216,892,525		214,458,284		208,833,827
Weighted-average effect of potentially dilutive securities:
Unvested common stock subject to forfeiture	1,840,180		5,621,136		9,132,579
Employee stock options	48,889		23,100		717,772
Restricted stock units	940,469		486,269		1,073,093
Underwriters’ option to purchase additional shares	—		—		18,798
Diluted weighted-average common shares outstanding	219,722,063		220,588,789		219,776,069
Diluted earnings per share	$	0.24	$	0.28	$	0.64

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive shares were excluded from the computation of diluted earnings per share for the periods presented because including them would have had an anti-dilutive effect:

	Year Ended December 31,
	2023	2022	2021
Employee stock options	2,999,085	3,142,911	—
Restricted stock units	4,435,957	5,742,284	786,500
Unvested Class B common stock subject to forfeiture	415,402	831,952	—