Net Income Per Share

3 Months Ended

Mar. 31, 2023

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 March 31,
	2023		2022
Numerator:
Net income	$	436,473	$	272,259
Denominator:
Weighted-average shares used in computing net income per share, basic	306,985		308,045
Add weighted-average effect of dilutive securities:
Employee equity awards	8,593		11,607
Weighted-average shares used in computing net income per share, diluted	315,578		319,652
Net income per share:
Basic	$	1.42	$	0.88
Diluted	$	1.38	$	0.85

    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 March 31,
	2023	2022
Stock options and RSUs	21	64
Employee stock purchase plan	353	16
Total	374	80