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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The numerators and denominators of the basic and diluted EPS computations for our common stock are calculated as follows (in millions, except for per share amounts

 
Three months ended June 30,
Three months ended June 30,
 
2020
 
2019
 
Class A
 
Class B
 
Class A
 
Class B
 
 
 
 
 
 
 
 
Basic net income (loss) per share:
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net income (loss) attributable to common stockholders
$
11.9

 
$
5.6

 
$
(12.0
)
 
$
(9.4
)
Denominator
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding used in computing basic net income (loss) per share
281.5

 
132.7

 
231.1

 
181.3

Net income (loss) per common share, basic
$
0.04

 
$
0.04

 
$
(0.05
)
 
$
(0.05
)
Diluted net income (loss) per share:
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net income (loss) attributable to common stockholders
$
11.9

 
$
5.6

 
$
(12.0
)
 
$
(9.4
)
Reallocation of net income as a result of conversion of Class B to Class A common stock
$
5.6

 

 

 

Reallocation of net income to Class B common stock

 
$
(0.1
)
 

 

Net income (loss) attributable to common stockholders for diluted EPS
$
17.5

 
$
5.5

 
$
(12.0
)
 
$
(9.4
)
Denominator
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding used in computing basic net income (loss) per share
281.5

 
132.7

 
231.1

 
181.3

Weighted-average effect of dilutive RSUs and employee stock options
6.0

 
0.3

 

 

Conversion of Class B to Class A common stock
132.7

 

 

 

Weighted-average number of common shares outstanding used in computed diluted net income (loss) per share
420.2

 
133.0

 
231.1

 
181.3

Net income (loss) per common share, diluted
$
0.04

 
$
0.04

 
$
(0.05
)
 
$
(0.05
)


 
Six months ended June 30,
Six months ended June 30,
 
2020
 
2019
 
Class A
 
Class B
 
Class A
 
Class B
 
 
 
 
 
 
 
 
Basic net income (loss) per share:
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net income (loss) attributable to common stockholders
$
37.0

 
$
19.8

 
$
(15.8
)
 
$
(13.3
)
Denominator
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding used in computing basic net income (loss) per share
270.7

 
145.0

 
223.2

 
188.3

Net income (loss) per common share, basic
$
0.14

 
$
0.14

 
$
(0.07
)
 
$
(0.07
)
Diluted net income (loss) per share:
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net income (loss) attributable to common stockholders
$
37.0

 
$
19.8

 
$
(15.8
)
 
$
(13.3
)
Reallocation of net income as a result of conversion of Class B to Class A common stock
$
19.8

 

 

 

Reallocation of net income to Class B common stock

 
$
(0.1
)
 

 

Net income (loss) attributable to common stockholders for diluted EPS
$
56.8

 
$
19.7

 
$
(15.8
)
 
$
(13.3
)
Denominator
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding used in computing basic net income (loss) per share
270.7

 
145.0

 
223.2

 
188.3

Weighted-average effect of dilutive RSUs and employee stock options
3.6

 
0.3

 

 

Conversion of Class B to Class A common stock
145.0

 

 

 

Weighted-average number of common shares outstanding used in computed diluted net income (loss) per share
419.3

 
145.3

 
223.2

 
188.3

Net income (loss) per common share, diluted
$
0.14

 
$
0.14

 
$
(0.07
)
 
$
(0.07
)

Schedule of Potentially Dilutive Securities Excluded from Computation of Earnings Per Share
The weighted-average impact of potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive was as follows:

 
Three months ended
June 30,
 
Six months ended June 30,
 
2020
 
2019
 
2020
 
2019
 
 
 
 
 
 
 
 
Restricted stock units
9.4

 
31.3

 
11.1

 
28.0

Options to purchase shares of common stock
0.8

 
2.1

 
0.9

 
1.9

Co-Founder Grants
10.3

 
14.7

 
12.2

 
14.7

Total
20.5

 
48.1

 
24.2

 
44.6