The Company has two classes of common stock, Class A and Class B. Basic and diluted earnings per share attributable to common stockholders for Class A and Class B common stock were the same because they were entitled to the same liquidation and dividend rights.

Basic earnings per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding. Diluted earnings per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding adjusted for the potentially dilutive impact of stock options, restricted stock and the Employee Stock Purchase Plan (“ESPP”), using the two-class method required for participating securities. Restricted stock awards are considered to be participating securities due to their non-forfeitable dividend rights.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator:
Net income	$	64,394	$	90,129	$	104,391	$	140,807
Denominator:
Weighted-average shares outstanding—basic	468,359		490,631		471,494		492,767
Effect of dilutive securities	1,589		5,145		1,903		6,573
Weighted-average shares outstanding—diluted	469,948		495,776		473,397		499,340
Basic earnings per share	$	0.14	$	0.18	$	0.22	$	0.29
Diluted earnings per share	$	0.14	$	0.18	$	0.22	$	0.28
Anti-dilutive equity awards under stock-based award plans excluded from the determination of diluted earnings per share	33,632		16,051		33,632		16,051