v3.25.2
Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Numerators and Denominators of Basic and Diluted EPS Computations
The numerators and denominators of the basic and diluted EPS computations for the Company's common stock are calculated as follows (in millions, except for per share amounts):

Three Months Ended
June 30,
20252024
Class AClass BClass AClass B
Basic net income per share:
Numerator
Net income attributable to common stockholders$90.2 $35.4 $83.1 $27.4 
Denominator
Weighted-average number of common shares outstanding used in computing basic net income per share195.5 76.9 242.5 79.9 
Net income per common share, basic $0.46 $0.46 $0.34 $0.34 
Diluted net income per share:
Numerator
Net income attributable to common stockholders $90.2 $35.4 $83.1 $27.4 
Reallocation of net income as a result of conversion of Class B to Class A common stock 35.4 — 27.4 — 
Reallocation of net income to Class B common stock — (0.5)— (0.2)
Net income attributable to common stockholders for diluted EPS $125.6 $34.9 $110.5 $27.2 
Denominator
Weighted-average number of common shares outstanding used in computing basic net income per share195.5 76.9 242.5 79.9
Weighted-average effect of dilutive restricted stock units and awards and employee stock options4.3— 1.3 — 
Conversion of Class B to Class A common stock 76.9 — 79.9 — 
Weighted-average number of common shares outstanding used in computing diluted net income per share276.7 76.9 323.7 79.9 
Net income per common share, diluted $0.45 $0.45 $0.34 $0.34 
Six Months Ended
June 30,
20252024
Class AClass BClass AClass B
Basic net income per share:
Numerator
Net income attributable to common stockholders$200.5 $75.4 $183.5 $59.3 
Denominator
Weighted-average number of common shares outstanding used in computing basic net income per share204.4 76.9 248.4 80.2 
Net income per common share, basic $0.98 $0.98 $0.74 $0.74 
Diluted net income per share:
Numerator
Net income attributable to common stockholders $200.5 $75.4 $183.5 $59.3 
Reallocation of net income as a result of conversion of Class B to Class A common stock 75.4 — 59.3 — 
Reallocation of net income to Class B common stock — (1.3)— (0.7)
Net income attributable to common stockholders for diluted EPS $275.9 $74.1 $242.8 $58.6 
Denominator
Weighted-average number of common shares outstanding used in computing basic net income per share204.4 76.9 248.4 80.2
Weighted-average effect of dilutive restricted stock units and awards and employee stock options4.8— 3.8 — 
Conversion of Class B to Class A common stock 76.9 — 80.2 — 
Weighted-average number of common shares outstanding used in computing diluted net income per share286.1 76.9 332.4 80.2 
Net income per common share, diluted $0.96 $0.96 $0.73 $0.73 
Schedule of Weighted-Average Impact of Potentially Dilutive Securities
The weighted-average impact of potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive was as follows:

Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Restricted stock units and awards2.0 18.9 1.7 4.6 
Co-Founder Grant8.3 8.3 8.3 8.3 
Convertible Senior Notes37.8 37.8 37.8 37.8 
Warrants37.8 37.8 37.8 37.8 
Total85.9 102.8 85.6 88.5