v3.25.2
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS
The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in millions, except per share data):
Three months ended
June 30,		Six months ended
June 30,
2025202420252024
Numerator:
Net income$33.2 $86.6 $63.8 $139.6 
Denominator:
Weighted-average shares used in computing net income per share attributable to common stockholders, basic375.5 371.4 375.4 370.9 
Stock-based compensation awards0.1 0.4 0.4 0.4 
Weighted-average shares used in computing net income per share attributable to common stockholders, diluted375.6 371.8 375.8 371.3 
Net income per share, basic$0.09 $0.23 $0.17 $0.38 
Net income per share, diluted$0.09 $0.23 $0.17 $0.38 

The Company uses the treasury stock method on a grant-by-grant basis as the method for determining the dilutive effect of options, RSUs and PSUs. Under this method, it is assumed that the hypothetical proceeds received upon settlement are used to repurchase common shares at the average market price during the period. The following outstanding employee equity
awards were excluded from the calculation of diluted net income per share because their effect would have been anti-dilutive for the periods presented (in millions):
Three months ended
June 30,		Six months ended
June 30,
2025202420252024
Stock options1.2 1.5 1.3 1.6 
RSUs16.6 15.0 16.9 18.8 
Total17.8 16.5 18.2 20.4 
                                                                                                                        
In addition, 10.3 million PSUs were excluded from the calculation of diluted net income per share for each of the three and six months ended June 30, 2025 and 1.5 million PSUs were excluded from the calculation of diluted net income per share for each of the three and six months ended June 30, 2024, because the minimum performance measures were not yet met.