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Organization and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Streaming Revenue, Paid net Membership Additions, and Ending Paid Memberships by Region
The following tables summarize streaming revenue, paid net membership additions, and ending paid memberships by region for the years December 31, 2019, 2018 and 2017, respectively:

United States and Canada (UCAN)
 
 
As of/ Year Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(in thousands)
Revenues
 
$
10,051,208

 
$
8,281,532

 
$
6,660,859

Paid net membership additions
 
2,905

 
6,335

 
5,512

Paid memberships at end of period
 
67,662

 
64,757

 
58,422


Europe, Middle East, and Africa (EMEA)
 
 
As of/ Year Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(in thousands)
Revenues
 
$
5,543,067

 
$
3,963,707

 
$
2,362,813

Paid net membership additions
 
13,960

 
11,814

 
8,173

Paid memberships at end of period
 
51,778

 
37,818

 
26,004


Latin America (LATAM)
 
 
As of/ Year Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(in thousands)
Revenues
 
$
2,795,434

 
$
2,237,697

 
$
1,642,616

Paid net membership additions
 
5,340

 
6,360

 
5,509

Paid memberships at end of period
 
31,417

 
26,077

 
19,717




Asia-Pacific (APAC)
 
 
As of/ Year Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(in thousands)
Revenues
 
$
1,469,521

 
$
945,816

 
$
575,928

Paid net membership additions
 
5,626

 
4,106

 
2,360

Paid memberships at end of period
 
16,233

 
10,607

 
6,501


Computation of Earnings Per Share The computation of earnings per share is as follows:
 
 
Year ended December 31,
 
2019
 
2018
 
2017
 
(in thousands, except per share data)
Basic earnings per share:
 
 
 
 
 
Net income
$
1,866,916

 
$
1,211,242

 
$
558,929

Shares used in computation:
 
 
 
 
 
Weighted-average common shares outstanding
437,799

 
435,374

 
431,885

Basic earnings per share
$
4.26

 
$
2.78

 
$
1.29

Diluted earnings per share:
 
 
 
 
 
Net income
$
1,866,916

 
$
1,211,242

 
$
558,929

Shares used in computation:
 
 
 
 
 
Weighted-average common shares outstanding
437,799

 
435,374

 
431,885

Employee stock options
13,966

 
15,870

 
14,929

Weighted-average number of shares
451,765

 
451,244

 
446,814

Diluted earnings per share
$
4.13

 
$
2.68

 
$
1.25


Summary of Potential Common Shares Excluded from Diluted Calculation The following table summarizes the potential common shares excluded from the diluted calculation:
 
 
Year ended December 31,
 
2019
 
2018
 
2017
 
(in thousands)
Employee stock options
1,588

 
330

 
189