v3.25.4
Net (Loss) Income Per Share (Tables)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share
The following table presents the computation of basic and diluted net (loss) income per share (in thousands, except per share amounts):
Years Ended December 31,
202520242023
Basic
Numerator:
Net (loss) income$(103,421)$(837,068)$18,180 
Denominator:
Weighted average shares used to compute net (loss) income per share, basic
107,484 103,300 116,504 
Net (loss) income per share, basic
$(0.96)$(8.10)$0.16 
Diluted
Numerator:
Net (loss) income$(103,421)$(837,068)$18,180 
Convertible senior notes activity, net of tax
— — (61,694)
Net loss, diluted
$(103,421)$(837,068)$(43,514)
Denominator:
Weighted average shares used to compute net (loss) income per share, basic
107,484 103,300 116,504 
Shares related to convertible senior notes— — 12,065 
Weighted average shares used to compute net loss per share, diluted107,484 103,300 128,569 
Net loss per share, diluted
$(0.96)$(8.10)$(0.34)
Schedule of Common Shares Outstanding Excluded from Computation of Diluted Net Loss Per Share
The following table presents potential weighted-average shares of common stock outstanding that were excluded from the computation of diluted net loss per share because including them would have been anti-dilutive (in thousands):
Years Ended December 31,
202520242023
Shares related to stock plan activity3,786 7,206 8,442 
Shares related to convertible senior notes2,069 9,234 — 
Total common stock equivalents5,855 16,440 8,442