v3.26.1
NET (LOSS) INCOME PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of computation of net income per share
The computation of Net (loss) income per share, including the weighted-average shares outstanding (“WASO”) used in the computation, is as follows (in thousands, except per share amounts):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Numerators
Net (loss) income attributable to common shareholders, basic$(359,468)$1,428,900 $(753,585)$1,494,508 
Net (loss) income attributable to common shareholders, diluted$(359,468)$1,432,511 $(753,585)$1,501,717 
Denominators
WASO - basic263,412 255,188 264,128 254,537 
Weighted-average effect of potentially dilutive shares:
Stock options— 15,299 — 15,561 
Convertible notes— 7,229 — 7,229 
Restricted stock units— 665 — 807 
Performance restricted stock units
— 446 — 413 
Restricted stock— 86 — 153 
WASO - diluted263,412 278,913 264,128 278,700 
Net (loss) income per share attributable to common shareholders:
Basic$(1.36)$5.60 $(2.85)$5.87 
Diluted$(1.36)$5.14 $(2.85)$5.39 
Schedule of potentially dilutive shares
The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive, or in the case of performance awards, as the issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the reporting period (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Equity awards(1)
24,637 7,383 24,637 7,383 
Convertible notes13,233 — 13,778 — 
Total37,870 7,383 38,415 7,383 
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(1)Includes shares under the Employee Stock Purchase Plan.