Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computation of net income per share is as follows:

	Three Months Ended March 31,
	2024		2023
(in thousands, except share and per share amounts)
Basic earnings per share:
Net income	$	19,647	$	9,099
Shares used in computation:
Weighted-average common shares outstanding, basic	215,549,467		215,587,699
Earnings per share, basic	$	0.09	$	0.04
Diluted earnings per share:
Net income	$	19,647	$	9,099
Shares used in computation:
Weighted-average common shares outstanding, basic	215,549,467		215,587,699
Weighted-average effect of potentially dilutive securities:
Unvested common stock subject to forfeiture	794,502		2,813,251
Employee stock options	—		18,851
Restricted stock units	521,083		329,454
Diluted weighted-average common shares outstanding	216,865,052		218,749,255
Diluted net income per share	$	0.09	$	0.04

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:

	Three Months Ended March 31,
	2024	2023
Employee stock options	3,248,445	3,109,412
Restricted stock units	7,396,613	8,940,648
Unvested common stock subject to forfeiture	246,083	657,228