Net Income per Share Attributable to Common Stockholders (Tables)

The following table presents the calculation of basic and diluted net income per share:



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands, except per share amounts)	2026		2025		2026		2025
Basic net income per share:
Numerator:
Net income (loss) attributable to common stockholders	$	(42,609)	$	158,371	$	8,599	$	233,602
Denominator:
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders	114,682		91,191		104,190		91,421
Basic	$	(0.37)	$	1.74	$	0.08	$	2.56

Diluted net income per share:
Numerator:
Net income (loss) attributable to common stockholders	$	(42,609)	$	158,371	$	8,599	$	233,602
Interest expense on dilutive convertible notes, net of tax	—		1,203		—		4,399
Net income (loss) used in diluted calculation	$	(42,609)	$	159,574	$	8,599	$	238,001
Denominator:
Number of shares used in basic calculation	114,682		91,191		104,190		91,421
Weighted-average effect of dilutive securities:
Stock Options	—		664		662		762
RSUs	—		428		2,880		779
PRSUs	—		81		153		69
MRSUs	—		—		164		—
2026 Convertible Notes	—		5,004		—		7,258
2030 Convertible Notes	—		8,152		—		2,747
Number of shares used in diluted calculation	114,682		105,520		108,049		103,036
Diluted net income (loss) per share attributable to common stockholders	$	(0.37)	$	1.51	$	0.08	$	2.31

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows: