v3.26.1
Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share
The computation of the Company’s basic and diluted net income per share is as follows (in thousands, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Numerator:
Net income attributable to common stockholders$115,152 $279,773 $282,796 $329,784 
Debt discount amortization531 618 1,025 1,258 
Net income available to common stockholders$115,683 $280,391 $283,821 $331,042 
Denominator:
Weighted average shares used to compute net income per share attributable to common stockholders, basic238,997 229,167 236,804 227,794 
Weighted average effect of potentially dilutive shares to purchase common stock35,002 31,985 36,385 31,745 
Weighted average shares used to compute net income per share attributable to common stockholders, diluted273,999 261,152 273,189 259,539 
Net income per share attributable to common stockholders
Basic$0.48 $1.22 $1.19 $1.45 
Diluted$0.42 $1.07 $1.04 $1.28 
Schedule of Shares Excluded From Computation of Diluted Net Income Per Share
The following shares were excluded from the computation of diluted net income per share as the impact of including those shares would be anti-dilutive (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Outstanding stock options1,875 2,583 1,575 2,575 
Unvested restricted stock units8,303 11,198 5,340 12,678 
Convertible Senior Notes (if converted)— — — — 
Total10,178 13,781 6,915 15,253