The following table provides a reconciliation of Non-GAAP net income and Non-GAAP net income per share – diluted, to net (loss) income and net (loss) income per share – diluted, the most comparable GAAP financial measures:
| (Unaudited) | ||||||||
|
Three Months Ended
March 31, | ||||||||
| (in thousands, except per share amounts) | 2023 | 2022 | ||||||
| Net (loss) income | $ | (1,959 | ) | $ | 11,528 | |||
| Stock-based compensation expense | 22,161 | 18,614 | ||||||
| Amortization of intangible assets | 7,814 | 5,903 | ||||||
| Non-cash interest expense | 465 | 417 | ||||||
| Impact of non-GAAP tax rate(1) | (1,933 | ) | (5,036 | ) | ||||
| Special adjustments and other(2) | 5,231 | 1,492 | ||||||
| Non-GAAP net income | $ | 31,779 | $ | 32,918 | ||||
| Net (loss) income per share, diluted | $ | (0.02 | ) | $ | 0.13 | |||
| Non-GAAP net income per share, diluted | $ | 0.36 | $ | 0.38 | ||||
| GAAP diluted shares outstanding | 80,191 | 87,261 | ||||||
| Non-GAAP diluted shares outstanding | 88,041 | 87,261 | ||||||
