| Schedule of Basic and Diluted Net Income (Loss) Per Share Attributable to Common Stockholders |
The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in thousands, except per share data): | | | | | | | | | | | | | Three Months Ended March 31, | | 2026 | | 2025 | Basic EPS: | | | | Numerator: | | | | | Net income from continuing operations | $ | 1,205,613 | | | $ | 723,538 | | | Less: income attributable to participating securities | — | | | (181) | | Net income from continuing operations attributable to common stockholders - Basic | 1,205,613 | | | 723,357 | | Loss from discontinued operations, net of income taxes, attributable to common stockholders - Basic | — | | | (147,082) | | | Net income attributable to common stockholders - Basic | $ | 1,205,613 | | | $ | 576,275 | | Denominator: | | | | Weighted-average shares used in computing net income (loss) per share - Basic | 337,399 | | | 339,837 | | | Net income (loss) per share attributed to Class A and Class B common stockholders - Basic: | | Continuing operations | $ | 3.57 | | | $ | 2.13 | | | Discontinued operations | — | | | (0.43) | | | Basic net income per share | $ | 3.57 | | | $ | 1.70 | | | | | | Diluted EPS: | | | | Numerator: | | | | | Net income from continuing operations attributable to common stockholders - Basic | $ | 1,205,613 | | | $ | 723,357 | | | Re-allocation of participating securities considered potentially dilutive securities | — | | | 3 | | | Net income from continuing operations attributable to common stockholders - Diluted | 1,205,613 | | | 723,360 | | | Loss from discontinued operations, net of income taxes, attributable to common stockholders - Diluted | — | | | (147,083) | | | Net income attributable to common stockholders - Diluted | $ | 1,205,613 | | | $ | 576,277 | | Denominator: | | | | | Weighted-average shares used in computing net income (loss) per share - Basic | 337,399 | | | 339,837 | | | Weighted-average dilutive stock awards | 1,330 | | | 5,041 | | | Weighted-average shares used in computing net income (loss) per share - Diluted | 338,729 | | | 344,878 | | | Net income (loss) per share attributed to Class A and Class B common stockholders - Diluted: | | Continuing operations | $ | 3.56 | | | $ | 2.10 | | | Discontinued operations | — | | | (0.43) | | | Diluted net income per share | $ | 3.56 | | | $ | 1.67 | | | | | | | As of March 31, | | 2026 | | 2025 | | Anti-dilutive potential common stock excluded | 133 | | | 117 | |
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