The following table provides a reconciliation of Non-GAAP net income and Non-GAAP net income per share – diluted, to net income (loss) and net income (loss) per share – diluted, the most comparable GAAP financial measures:
| (Unaudited) | ||||||||||||||||
|
Three Months Ended
December 31, |
Twelve Months Ended
December 31, | |||||||||||||||
| (in thousands, except per share amounts) | 2022 | 2021 | 2022 | 2021 | ||||||||||||
| Net income (loss) | $ | 12,065 | $ | (1,397 | ) | $ | (43,429 | ) | $ | (8,794 | ) | |||||
| Stock-based compensation expense | 22,263 | 13,320 | 84,787 | 44,549 | ||||||||||||
| Amortization of intangible assets | 8,828 | 4,433 | 27,510 | 18,357 | ||||||||||||
| Non-cash interest expense | 467 | 2,915 | 1,806 | 11,428 | ||||||||||||
| Restructuring expense | — | 99 | — | 5,053 | ||||||||||||
| Impact of non-GAAP tax rate (1) | (9,468 | ) | (1,696 | ) | (11,346 | ) | (11,740 | ) | ||||||||
| Special adjustments and other (2) | (6,614 | ) | (1,229 | ) | 16,272 | (1,229 | ) | |||||||||
| Non-GAAP net income | $ | 27,541 | $ | 16,445 | $ | 75,600 | $ | 57,624 | ||||||||
| Net income (loss) per share, diluted | $ | 0.14 | $ | (0.02 | ) | $ | (0.55 | ) | $ | (0.12 | ) | |||||
| Non-GAAP net income per share, diluted | $ | 0.31 | $ | 0.19 | $ | 0.89 | $ | 0.71 | ||||||||
| GAAP diluted shares outstanding: | 87,498 | 79,008 | 79,472 | 76,179 | ||||||||||||
| Non-GAAP diluted shares outstanding: (3) | 87,498 | 84,604 | 85,392 | 81,159 | ||||||||||||
