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
The computation of net income per share is as follows:
Three Months Ended March 31,
20262025
(in thousands, except share and per share amounts)
Basic earnings per share:
Net income$20,318 $23,914 
Shares used in computation:
Weighted-average common shares outstanding, basic210,524,057 212,445,961 
Earnings per share, basic$0.10 $0.11 
Diluted earnings per share:
Net income$20,318 $23,914 
Shares used in computation:
Weighted-average common shares outstanding, basic210,524,057 212,445,961 
Weighted-average effect of potentially dilutive securities:
Unvested common stock subject to forfeiture2,666 37,573 
Restricted stock units2,021,195 1,355,486 
Diluted weighted-average common shares outstanding212,547,918 213,839,020 
Diluted earnings per share$0.10 $0.11 
The following potentially dilutive shares were excluded from the computation of diluted earnings per share for the periods presented because including them would have had an anti-dilutive effect:
Three Months Ended March 31,
20262025
Employee stock options482,022 2,931,909 
Restricted stock units2,066,124 4,243,796 
Unvested Class B common stock subject to forfeiture— 16,408