XML 31 R19.htm IDEA: XBRL DOCUMENT v3.25.2
Net Income per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income per Share Net Income per Share
 The following table sets forth the computation of basic and diluted net income per share attributable to common stock (in thousands, except per share amounts):
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
Numerator:
Net income$124,608 $96,564 $217,838 $201,592 
Denominator:
Weighted average common shares outstanding, basic72,565 75,184 73,061 75,180 
Dilutive effect of potential common stock28 39 37 135 
Total shares, diluted72,593 75,223 73,098 75,315 
Net income per share, basic$1.72 $1.28 $2.98 $2.68 
Net income per share, diluted$1.72 $1.28 $2.98 $2.68 
Anti-dilutive potential common shares 1
1,505 1,149 1,377 648 
1 Represents approximately 1,501.7 thousand RSU and 3.3 thousand ESPP weighted average outstanding common stock equivalent shares for the three months ended June 30, 2025 and approximately 1,374.6 thousand RSU and 2.2 thousand ESPP weighted-average outstanding common stock equivalent shares for the six months ended June 30, 2025. Approximately 1,148.7 thousand RSU and 0.3 thousand ESPP weighted average outstanding common stock equivalent shares for the three months ended June 30, 2024 and approximately 647.8 thousand RSU and 0.1 thousand ESPP weighted-average outstanding common stock equivalent shares for the six months ended June 30, 2024 that are excluded from the calculation of diluted net income per share as the effect would have been anti-dilutive.