v3.25.2
Net Income (Loss) Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Net Income (Loss) Per Share
For the periods presented, the following table reconciles the denominators used in the basic and diluted net income (loss) per share calculations (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
Denominator for basic calculation241,083 233,453 241,667 234,074 
Effect of dilutive securities:
     Option awards7,649 — 8,653 — 
     Unvested restricted stock units2,933 — 3,596 — 
Denominator for dilutive calculation
251,665 233,453 253,916 234,074 
For the periods presented, the following Class C capital stock equivalents were excluded from the calculations of diluted net income (loss) per share because their effect would have been antidilutive (in thousands):
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
Weighted-average Class C capital stock option awards outstanding3,344 19,091 3,478 20,935 
Weighted-average Class C capital stock restricted stock units outstanding4,145 14,877 2,844 13,776 
Weighted-average Class C capital stock issuable upon conversion of the 2024 Notes, 2025 Notes and 2026 Notes
3,084 32,410 4,652 32,697 
Total Class C capital stock equivalents10,573 66,378 10,974 67,408