Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.22.4
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock
IPO
Common Stock
Private Placement
Common Stock
Preferred Stock
Treasury Stock
Additional Paid-in Capital
IPO
Additional Paid-in Capital
Private Placement
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive (Loss) Income Net of Income Taxes
IPO
Private Placement
Total
Balance at Dec. 31, 2019     $ 140         $ 283,457 $ 34,488 $ (67)     $ 318,018
Balance (in shares) at Dec. 31, 2019     139,721                    
Foreign currency translation adjustment                         1,078
Foreign currency translation adjustment                   1,078     1,078
Stock-based compensation expense               5,984         5,984
Exchange of common stock for Series A preferred stock       $ 454 $ (260,686)     260,232          
Exchange of common stock for Series A preferred stock (in shares)       45,438                  
Issuance of stock       $ 156       85,308         85,464
Issuance of stock (in shares)       15,568                  
Common stock issued under employee purchase plan               424         424
Common stock issued under employee purchase plan (in shares)     61                    
Repurchase of vested options               (15,506)         (15,506)
Common stock issued upon exercise of stock options               780         780
Common stock issued upon exercise of stock options (in shares)     255   15,146                
Common stock issued upon vesting of restricted stock units (in shares)     185                    
Net Income                 20,453       20,453
Balance at Dec. 31, 2020     $ 140 $ 610 $ (260,686)     620,679 54,941 1,011     416,695
Balance (in shares) at Dec. 31, 2020     140,222 61,006 15,146                
Foreign currency translation adjustment                   (1,782)     (1,782)
Shares repurchased for settlement of employee tax withholdings         $ (1,802)               (1,802)
Shares repurchased for settlement of employee tax withholdings (in shares)         50                
Issuance of common stock as consideration for acquisition     $ 1         22,525         22,526
Issuance of common stock as consideration for acquisition (in shares)     684                    
Stock-based compensation expense               21,887         21,887
Exchange of common stock for Series A preferred stock     $ 5 $ (610) $ 260,686     (260,081)          
Exchange of common stock for Series A preferred stock (in shares)     5,190 (61,006) (15,146)                
Issuance of stock $ 10 $ 1       $ 269,380 $ 29,999       $ 269,390 $ 30,000  
Issuance of stock (in shares) 9,977 1,111                      
Common stock issued under employee purchase plan               404         404
Common stock issued under employee purchase plan (in shares)     15                    
Common stock issued upon exercise of stock options     $ 5         12,435         12,440
Common stock issued upon exercise of stock options (in shares)     4,782                    
Common stock issued upon vesting of restricted stock units (in shares)     366                    
Net Income                 29,308       29,308
Balance at Dec. 31, 2021     $ 162   $ (1,802)     717,228 84,249 (771)     799,066
Balance (in shares) at Dec. 31, 2021     162,347   50                
Foreign currency translation adjustment                   (5,555)     (5,555)
Shares repurchased for settlement of employee tax withholdings         $ (10,244)               (10,244)
Shares repurchased for settlement of employee tax withholdings (in shares)         402                
Stock-based compensation expense               42,787         42,787
Issuance of stock (in shares)     4                    
Common stock issued under employee purchase plan               1,734         1,734
Common stock issued under employee purchase plan (in shares)     91                    
Common stock issued upon exercise of stock options     $ 2         5,801         $ 5,803
Common stock issued upon exercise of stock options (in shares)     1,518                   1,580
Common stock issued upon vesting of restricted stock units     $ 1         (1)          
Common stock issued upon vesting of restricted stock units (in shares)     1,488                    
Treasury stock reissued upon settlement of equity awards         $ 11,250     (11,250)          
Treasury stock reissued upon settlement of equity awards (in shares)         (421)                
Net Income                 43,268       $ 43,268
Balance at Dec. 31, 2022     $ 165   $ (796)     $ 756,299 $ 127,517 $ (6,326)     $ 876,859
Balance (in shares) at Dec. 31, 2022     165,448   31