v3.25.2
Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share
The computation of the Company’s basic and diluted net income per share is as follows (in thousands, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Numerator: 
Net income attributable to common stockholders
$279,773 $139,074 $329,784 $51,256 
Debt discount amortization618 883 1,258 3,900 
Net income available to common stockholders
$280,391 $139,957 $331,042 55,156 
Denominator: 
Weighted average shares used to compute net income per share attributable to common stockholders, basic
229,167 222,474 227,794 221,178 
Weighted average effect of potentially dilutive shares to purchase common stock31,985 32,633 31,745 23,577 
Weighted average shares used to compute net income per share attributable to common stockholders, diluted
261,152 255,107 259,539 244,755 
Net income per share attributable to common stockholders
Basic$1.22 $0.63 $1.45 $0.23 
Diluted$1.07 $0.55 $1.28 $0.23 
Schedule of Shares Excluded From Computation of Diluted Net Income Per Share
The following shares were excluded from the computation of diluted net income per share as the impact of including those shares would be anti-dilutive (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Outstanding stock options2,583 1,984 2,575 1,976 
Unvested restricted stock units11,198 12,858 12,678 10,602 
Convertible Senior Notes (if converted)— — — 7,073 
Total13,781 14,842 15,253 19,651