v3.26.3
Net Income (Loss) Per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Net Income Per Share
The Company calculates basic net income per share by dividing net income attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. In periods of net income, diluted net income per share takes into account the effect of potentially dilutive common shares when the effect is dilutive. Potentially dilutive common shares include (i) shares of common stock issuable upon exercise of outstanding stock options and (ii) shares underlying RSUs that are contingently issuable upon achievement of certain service and performance requirements. The effect of potentially dilutive common shares is computed using the treasury stock method.
The following table summarizes the computations of basic and diluted net income per share:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(In thousands, except per share amounts)
Numerator:
Net income - basic and diluted
$106,896 $37,127 138,169 89,507 
Denominator:
Weighted average common shares — basic107,368 106,095 106,849 108,160 
Dilutive effect of stock options78 77 83 95 
Dilutive effect of RSUs1,480 304 1,435 591 
Weighted average common shares — diluted108,926 106,476 108,367 108,846 
Net income per share - basic$1.00 $0.35 $1.29 $0.83 
Net income per share - diluted$0.98 $0.35 $1.28 $0.82