Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income Per Share Available to Common Stock

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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Numerator:
Net income	$	491,885	$	299,099	$	928,358	$	571,358
Denominator:
Weighted-average shares used in computing net income per share, basic	308,636		306,754		307,810		307,399
Add weighted-average effect of dilutive securities:
Employee equity awards	7,849		9,827		8,221		10,641
Weighted-average shares used in computing net income per share, diluted	316,485		316,581		316,031		318,040
Net income per share:
Basic	$	1.59	$	0.98	$	3.02	$	1.86
Diluted	$	1.55	$	0.94	$	2.94	$	1.80

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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 June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Stock options and RSUs	548	781	285	423
Employee stock purchase plan	77	—	213	8
Total	625	781	498	431