v3.26.3
Net Income Per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Net Income Per Share Net Income (Loss) Per Share
For the periods presented, the following table reconciles the denominators used in the basic and diluted net income (loss) per share calculations (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Denominator for basic calculation225,305 242,326 229,589 241,889 
Effect of dilutive securities:
     Option awards— 10,126 — 9,149 
     Unvested restricted stock units— 3,791 — 3,662 
Denominator for dilutive calculation
225,305 256,243 229,589 254,700 
For the periods presented, the following Class C capital stock equivalents were excluded from the calculations of diluted net income (loss) per share because their effect would have been antidilutive (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Weighted-average capital stock option awards outstanding684 2,724 7,731 3,225 
Weighted-average capital stock restricted stock units outstanding12,234 109 11,619 1,922 
Capital stock issuable upon conversion of the 2025 Notes— — — 3,084 
Total capital stock equivalents12,918 2,833 19,350 8,231