v3.26.1
Net (Loss) Income Attributable to Common Stockholders
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net (Loss) Income Attributable to Common Stockholders Net (Loss) Income Attributable to Common Stockholders
The following table sets forth the calculation of both basic and diluted net (loss) income per share as follows for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands, except share and per share amounts)2026202520262025
Net (loss) income available to common stockholders - basic$(2,669)$19,712 $(9,299)$9,616 
Adjustments related to the 2026 Notes (1)
— (15,546)— (13,017)
Net (loss) income available to common stockholders - diluted$(2,669)$4,166 $(9,299)$(3,401)
Weighted average common stock outstanding - basic
129,596,886 126,072,603 128,699,733 125,578,780 
Effect of dilutive shares:
2026 Notes— 12,490,375 — 15,011,027 
RSUs— 1,731,313 — — 
Weighted average common stock outstanding - diluted129,596,886 140,294,291 128,699,733 140,589,807 
Basic net (loss) income per share:$(0.02)$0.16 $(0.07)$0.08 
Diluted net (loss) income per share:$(0.02)$0.03 $(0.07)$(0.02)
(1) For the three and six months ended June 30, 2025, the adjustments related to the 2026 Notes include the net gain related to the exchange and repurchases offset by interest expense and amortization of debt issuance costs related to the 2026 Notes (net of taxes).
The following shares have been excluded from the calculation of the weighted average diluted shares outstanding as the effect would have been anti-dilutive:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
2026 Notes3,250,447 — 3,250,447 — 
2028 Notes87,412,575 87,412,575 87,412,575 87,412,575 
RSUs14,861,966 3,031,211 14,861,966 13,970,137 
Stock Options2,439,920 2,930,820 2,439,920 2,930,820 
PSUs1,937,251 2,845,617 1,937,251 2,845,617 
For the three and six months ended June 30, 2026 and 2025, income and shares related to the Private Placement Warrants were excluded from the calculation of diluted net (loss) income per share of Class A Common Stock because their effect would be anti-dilutive.