Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Summary of Reconciliation of Numerators and Denominators Used in Basic and Diluted Per Share Computations

The table below presents for the periods indicated a reconciliation of the numerators and denominators we used to compute basic and diluted net income (loss) per share for our Class A common stock and our Class B common stock:

	Three Months Ended September 30,
	2021						2020
	Class A			Class B			Class A		Class B
	(in thousands, except per share data)
Basic (loss) earnings per share:
Numerator:
Allocation of net (loss) income	$	(5,592	)	$	(1,120	)	$	9,768	$	2,069
Denominator:
Weighted-average shares outstanding		25,676			5,577			23,767		5,577
Basic (loss) earnings per share	$	(0.22	)	$	(0.20	)	$	0.41	$	0.37
Diluted (loss) earnings per share:
Numerator:
Allocation of net (loss) income	$	(5,592	)	$	(1,120	)	$	9,768	$	2,069
Denominator:
Number of shares used in basic computation		25,676			5,577			23,767		5,577
Weighted-average shares effect of dilutive securities:
Director and employee stock options		—			—			170		—
Number of shares used in diluted computation		25,676			5,577			23,937		5,577
Diluted (loss) earnings per share	$	(0.22	)	$	(0.20	)	$	0.41	$	0.37

	Nine Months Ended September 30,
	2021				2020
	Class A		Class B		Class A		Class B
	(in thousands, except per share data)
Basic earnings per share:
Numerator:
Allocation of net income	$	16,682	$	3,300	$	31,495	$	6,752
Denominator:
Weighted-average shares outstanding		25,265		5,577		23,494		5,577
Basic earnings per share	$	0.66	$	0.59	$	1.34	$	1.21
Diluted earnings per share:
Numerator:
Allocation of net income	$	16,682	$	3,300	$	31,495	$	6,752
Denominator:
Number of shares used in basic computation		25,265		5,577		23,494		5,577
Weighted-average shares effect of dilutive securities:
Director and employee stock options		179		—		185		—
Number of shares used in diluted computation		25,444		5,577		23,679		5,577
Diluted earnings per share	$	0.66	$	0.59	$	1.33	$	1.21

Summary of Antidilutive Securities Excluded From Computation Of Earnings Per Share

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Number of options to purchase Class A shares excluded		—		6,180,592		4,839,910		6,180,592