Net Income Per Share (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Numerator:
Net income	$	545,327	$	353,999	$	1,473,685	$	925,357
Denominator:
Weighted-average shares used in computing net income per share, basic	310,185		304,931		308,602		306,576
Add weighted-average effect of dilutive securities:
Employee equity awards	7,446		9,470		7,962		10,169
Weighted-average shares used in computing net income per share, diluted	317,631		314,401		316,564		316,745
Net income per share:
Basic	$	1.76	$	1.16	$	4.78	$	3.02
Diluted	$	1.72	$	1.13	$	4.66	$	2.92

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 September 30,		Nine Months Ended September 30,
	2023	2022	2023	2022
Stock options and RSUs	4	292	191	379
Employee stock purchase plan	25	295	150	104
Total	29	587	341	483