XML 25 R16.htm IDEA: XBRL DOCUMENT v3.22.2.2
Net Income Per Share
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
    The following table sets forth the computation of our basic and diluted net income per share (in thousands, except per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
20222021 (1)20222021 (1)
Numerator:
Net income$353,999 $224,305 $925,357 $601,559 
Denominator:
Weighted-average shares used in computing net income per share, basic 304,931 307,456 306,576 306,176 
Add weighted-average effect of dilutive securities:
    Employee equity awards9,470 12,180 10,169 12,800 
Weighted-average shares used in computing net income per share, diluted 314,401 319,636 316,745 318,976 
Net income per share:
         Basic $1.16 $0.73 $3.02 $1.96 
         Diluted $1.13 $0.70 $2.92 $1.89 
(1) Prior periods have been adjusted to reflect the four-for-one stock split effected in the form of a stock dividend in November 2021.
    The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of diluted net income per share for the periods presented because their effect would have been anti-dilutive for the periods presented (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
20222021 (1)20222021 (1)
Stock options and RSUs 292 36 379 320 
Employee stock purchase plan295 24 104 48 
       Total587 60 483 368 
(1) Prior periods have been adjusted to reflect the four-for-one stock split effected in the form of a stock dividend in November 2021.