v3.25.2
Earnings Per Share
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
A reconciliation of the number of shares in the calculation of basic and diluted earnings per share follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(in thousands)
Basic earnings per share:
Numerator:
Net (loss) income$(4,022)$9,455 $(11,184)$16,911 
Denominator:
Weighted-average common shares outstanding used in computing basic earnings per share188,823 184,996 188,527 184,504 
Basic earnings per share$(0.02)$0.05 $(0.06)$0.09 
Diluted earnings per share:
Numerator:
Net (loss) income$(4,022)$9,455 $(11,184)$16,911 
Denominator:
Weighted-average shares used in computing basic earnings per share188,823 184,996 188,527 184,504 
Add dilutive impact of employee equity plans— 2,278 — 3,056 
Weighted-average shares used in computing diluted earnings per share188,823 187,274 188,527 187,560 
Diluted earnings per share$(0.02)$0.05 $(0.06)$0.09 
The dilutive impact of employee equity awards was not applicable to the calculation of diluted net loss per share for the three and six months ended June 30, 2025, as the effect would have been anti-dilutive.
The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of the diluted net income per share attributable to common stockholders for the three and six months ended June 30, 2024, because their effect would have been anti-dilutive or for which the performance condition had not been met at the end of the period:
Three Months Ended June 30,Six Months Ended June 30,
20242024
(in thousands)
Restricted stock units— 4 
Total anti-dilutive shares— 4