v3.26.1
Earnings per share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted A reconciliation of the numerators and the denominators of the basic and diluted earnings per share computations is as follows (in thousands, except per share amounts):
Three Months Ended
March 31,
 20262025
Numerator
Net income$150,049 $118,095 
Denominator
Weighted average common shares outstanding for basic earnings per share118,144 123,215 
Dilutive potential common stock outstanding
Stock options1,934 2,071 
RSUs, PSUs and ESPP1,074 900 
Convertible Notes1,723 458 
Weighted average common shares outstanding for diluted earnings per share122,875 126,644 
Earnings per share
Basic$1.27 $0.96 
Diluted$1.22 $0.93 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Shares which have been excluded from the calculation of diluted earnings per common share because their effect was anti-dilutive include the following (shares in millions):
Three Months Ended
March 31,
 20262025
Anti-dilutive securities (1)
27.9 24.1 
(1) The anti-dilutive securities include outstanding stock options, unvested RSUs, unvested PSUs, common shares expected to be issued under our ESPP and Convertible Notes.