v3.26.1
Basic and Diluted Net Income Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Company's Basic and Diluted Net Income (Loss) Per Share of Common Stock
The following table sets forth the computation of the Company’s basic and diluted net income per share of common stock (in thousands, except per share data):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Numerator
Net income$39,115 $13,193 $69,733 $2,865 
Denominator
Weighted-average common shares outstanding for basic net income per share84,049 90,710 84,354 90,861 
Effect of dilutive securities:
Shares of common stock issuable under equity incentive awards outstanding1,827 603 1,706 884 
Shares of common stock related to convertible preferred stock743 743 743 743 
Weighted-average common shares outstanding for diluted net income per share86,619 92,056 86,803 92,488 
Basic net income per share$0.47 $0.15 $0.83 $0.03 
Diluted net income per share$0.45 $0.14 $0.80 $0.03 
Schedule of Potential Shares of Common Stock Excluded from Diluted Weighted-Average Common Shares Outstanding
The following table summarizes the potentially dilutive common shares that were excluded from diluted weighted-average common shares outstanding because including them would have had an anti-dilutive effect (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
 2026202520262025
Shares of common stock issuable under equity incentive plans outstanding4,187 7,074 4,551 7,102 
Shares of common stock related to convertible preferred stock— — — — 
Potential common shares excluded from diluted net income per share4,187 7,074 4,551 7,102