v3.26.1
Net Income Per Share
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
For the periods presented, the following table reconciles the denominators used in the basic and diluted net income per share calculations (in thousands):
Three Months Ended
March 31,
 20262025
Denominator for basic calculation235,682 242,256 
Effect of dilutive securities:
     Option awards3,362 9,668 
     Unvested restricted stock units600 4,268 
Denominator for dilutive calculation
239,644 256,192 
For the periods presented, the following Class C capital stock equivalents were excluded from the calculations of diluted net income per share because their effect would have been antidilutive (in thousands):
 Three Months Ended
March 31,
 20262025
Weighted-average Class C capital stock option awards outstanding2,573 3,615 
Weighted-average Class C capital stock restricted stock units outstanding5,908 1,528 
Class C capital stock issuable upon conversion of the 2025 Notes
— 6,237 
Total Class C capital stock equivalents8,481 11,380