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NET INCOME PER SHARE (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share
The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data):
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Numerator:
Net income (loss)$189,872 $(105,378)$660,692 $(9,550)
Less: Net loss attributable to noncontrolling interests(5,396)(3,336)(6,581)(5,824)
Net income (loss) attributable to common stockholders$195,268 $(102,042)$667,273 $(3,726)
Denominator:
Basic shares:
Weighted-average shares used to compute basic net income (loss) per share617,666 606,692 617,033 604,476 
Diluted shares:
Stock options, restricted stock, and employee stock purchase plan6,369 — 7,610 — 
Convertible notes10,186 — 12,108 — 
Weighted-average shares used to compute diluted net income (loss) per share634,221 606,692 636,751 604,476 
Basic$0.32 $(0.17)$1.08 $(0.01)
Diluted$0.31 $(0.17)$1.05 $(0.01)
Antidilutive Securities Excluded from Calculation of Diluted Net Income (Loss) Per Share
The following potential common shares were excluded from the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive for the periods presented (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Stock options, restricted stock, and employee stock purchase plan40,759 47,477 37,883 42,180 
Convertible notes1,923 15,034 — 16,522 
Common stock warrants12,243 23,188 12,109 23,188 
Total anti-dilutive securities54,925 85,699 49,992 81,890