v3.26.1
Net Income per Common Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income per Common Share Net Income per Common Share
The following table sets forth the computation of basic and diluted net income per share attributable to the Company’s common stockholders (in thousands, except per share data):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Net income attributable to common stockholders$153,088 $51,219 $233,398 $83,038 
Shares used in net income per share computations:
Weighted-average shares used in computing net income per share attributable to common stockholders, basic172,378165,428171,557164,316
Effect of potentially dilutive equivalent shares10,96212,67210,69713,965
Weighted-average shares used in computing net income per share attributable to common stockholders, diluted183,340178,100182,254178,281
Net income per share attributable to common stockholders, basic$0.89 $0.31 $1.36 $0.51 
Net income per share attributable to common stockholders, diluted$0.83 $0.29 $1.28 $0.47 
Potentially dilutive securities include dilutive common stock from assumed exercise of stock options, RSUs, Warrants, and Employee Stock Purchase Plan (“ESPP”) shares using the treasury stock method. Under the treasury stock method, potential shares outstanding are not included in the computation of diluted net income per share if their effect is anti-dilutive. Anti-dilutive potential shares are as follows (in thousands):

Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
RSUs43 1,030 212 1,009 
ESPP13 26 13 
Total56 1,056 220 1,022