| Schedule of Earnings Per Share, Basic and Diluted |
The following table reflects the EPS computations for the periods indicated based on a weighted average number of Class A Common Stock outstanding each period: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (in thousands, except per share data) | 2022 | | 2021 | | 2022 | | 2021 | | Net income (loss) attributable to Class A Common Stock | $ | 224,359 | | | $ | 37,124 | | | $ | 431,987 | | | $ | (22,576) | | |
| Add: Interest on Convertible Senior Notes, net of tax | 1,395 | | | 1,584 | | | 5,391 | | | — | | | Adjusted net income (loss) attributable to Class A Common Stock | $ | 225,754 | | | $ | 38,708 | | | $ | 437,378 | | | $ | (22,576) | | | | | | | | | | | Basic weighted average shares of Class A Common Stock outstanding | 286,245 | | | 281,162 | | | 285,368 | | | 279,781 | | | Add: Dilutive effects of equity awards and ESPP shares | 8,667 | | | 7,973 | | | 8,153 | | | — | | |
| Add: Dilutive effects of Convertible Senior Notes | 27,074 | | | 27,074 | | | 27,074 | | | — | | | Diluted weighted average shares of Class A Common Stock outstanding | 321,986 | | | 316,209 | | | 320,595 | | | 279,781 | | | | | | | | | | | Basic net earnings (loss) per share of Class A Common Stock | $ | 0.78 | | | $ | 0.13 | | | $ | 1.51 | | | $ | (0.08) | | | Diluted net earnings (loss) per share of Class A Common Stock | $ | 0.70 | | | $ | 0.12 | | | $ | 1.36 | | | $ | (0.08) | |
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| Schedule of Shares Excluded from Diluted Earnings Per Share Calculation |
The following table presents shares excluded from the diluted earnings per share calculation for the periods presented as their impact was anti-dilutive: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (in thousands) | 2022 | | 2021 | | 2022 | | 2021(1) | | Out-of-the-money stock options | 2,034 | | | 2,215 | | | 2,060 | | | 2,250 | | | Restricted stock | 3,095 | | | 83 | | | 1,032 | | | 8,780 | | | Weighted average shares of Class C Common Stock | 87,815 | | | — | | | 29,593 | | | — | | | Performance stock units | 1,452 | | | — | | | 634 | | | 133 | | | Employee Stock Purchase Plan | — | | | 28 | | | — | | | 46 | | | Convertible Senior Notes | — | | | — | | | — | | | 27,074 | | | Warrants | — | | | 8,000 | | | — | | | 8,000 | |
(1) The Company recognized a net loss during the nine months ended September 30, 2021, and therefore all potentially dilutive securities were anti-dilutive and excluded from the calculation of diluted net earnings per share.
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