| Schedule of Basic and Diluted Net Income (Loss) Per Share |
The following table sets forth the computation of basic and diluted net income (loss) per share: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | (In thousands, except per share amounts) | 2026 | | 2025 | | 2026 | | 2025 | | Net income, as reported | $ | 2,167,335 | | | $ | 292,683 | | | $ | 2,537,820 | | | $ | 202,204 | | Adjustment for the elimination of interest expense on the convertible debt | 2,067 | | | 1,608 | | | 7,091 | | | — | | | Net income, for use in diluted income per share | $ | 2,169,402 | | | $ | 294,291 | | | $ | 2,544,911 | | | $ | 202,204 | | | | | | | | | | Weighted-average common shares — basic | 133,828 | | | 131,447 | | | 133,444 | | | 130,590 | | Effect of dilutive securities: | | | | | | | | | Convertible debt | 2,255 | | | 1,583 | | | 2,255 | | | — | | | Options to purchase common stock, inclusive of performance-based stock options | 1,305 | | | 2,454 | | | 1,605 | | | 2,245 | | Restricted stock units, inclusive of performance-based restricted stock units | 650 | | | 1,847 | | | 877 | | | 1,304 | | Employee stock purchase program | 2 | | | 17 | | | 3 | | | 7 | | Weighted-average common shares — diluted | 138,040 | | | 137,348 | | | 138,184 | | | 134,146 | | | | | | | | | | | Net income per common share — basic | $ | 16.19 | | | $ | 2.23 | | | $ | 19.02 | | | $ | 1.55 | | | Net income per common share — diluted | $ | 15.72 | | | $ | 2.14 | | | $ | 18.42 | | | $ | 1.51 | |
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| Schedule of Common Share Equivalents Excluded from the Calculation of Net Loss Per Common Share |
The following table sets forth the potential weighted-average common shares excluded from the calculation of diluted net income (loss) per common share because their inclusion would be anti-dilutive: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (In thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Options to purchase common stock, inclusive of performance-based stock options | 424 | | | — | | | 298 | | | 157 | | | Unvested restricted stock units, inclusive of performance-based restricted stock units | 933 | | | 3 | | | 581 | | | 7 | | | Convertible debt | — | | | 1,788 | | | — | | | 3,491 | | | Total | 1,357 | | | 1,791 | | | 879 | | | 3,655 | |
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