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, | | 2025 | | 2024 | | 2025 | | 2024 | Denominator for basic calculation | 241,083 | | | 233,453 | | | 241,667 | | | 234,074 | | Effect of dilutive securities: | | | | | | | | Option awards | 7,649 | | | — | | | 8,653 | | | — | | Unvested restricted stock units | 2,933 | | | — | | | 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, | | 2025 | | 2024 | | 2025 | | 2024 | Weighted-average Class C capital stock option awards outstanding | 3,344 | | | 19,091 | | | 3,478 | | | 20,935 | | Weighted-average Class C capital stock restricted stock units outstanding | 4,145 | | | 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 equivalents | 10,573 | | | 66,378 | | | 10,974 | | | 67,408 | |
|