The following table shows the computation of basic and diluted net income per common share for the three and nine months ended March 31, 2026 and 2025 (in thousands, except per share amounts):


	Three Months Ended March 31,				Nine Months Ended March 31,
	2026		2025		2026		2025
Numerator:
Net income - basic	$	483,387	$	108,777	$	1,052,236	$	853,700
Convertible notes interest charge, net of tax	17,888		—		16,472		1,777
Net income - diluted	$	501,275	$	108,777	$	1,068,708	$	855,477

Denominator:
Weighted-average shares outstanding - basic	600,205		595,041		597,928		592,349
Effect of dilutive convertible notes	73,803		—		53,130		1,673
Effect of dilutive securities	18,181		26,768		22,540		31,250
Weighted-average shares outstanding - diluted	692,189		621,809		673,598		625,272

Net income per common share - basic	$	0.81	$	0.18	$	1.76	$	1.44
Net income per common share - diluted	$	0.72	$	0.17	$	1.59	$	1.37

Anti-dilutive shares excluded from diluted net income per share:
Stock-based awards	28,653		16,245		20,203		9,278
Convertible notes	—		32,138		20,673		20,673