XML 58 R49.htm IDEA: XBRL DOCUMENT v3.23.3

Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Net Income Per Share, Basic and Diluted

The details of basic and diluted net income per share are as follows:

						Three Months Ended												Nine Months Ended
						September 30,												September 30,
						2023						2022						2023						2022
Numerator:
Net income						$	53,027					$	36,997					$	147,202					$	149,058
Less: Net income attributable to participating securities						(18)						(11)						(56)						(31)
Net income attributable to Class A and Class B common stockholders, basic						53,009						36,986						147,146						149,027
Add: Interest expense, net of tax, attributable to assumed conversion of convertible senior notes						1,716						832						5,157						5,116
Net income attributable to Class A and Class B common stockholders, diluted						$	54,725					$	37,818					$	152,303					$	154,143
Denominator:
Weighted average shares, basic						313,069,132						310,116,104						311,915,808						308,959,801
Dilutive effect of stock options, restricted stock, and RSUs						2,115,802						4,126,936						2,534,773						5,278,839
Dilutive effect of ESPP						6,466						168,518						60,526						171,571
Dilutive effect of assumed conversion of convertible senior notes						17,633,786						10,758,825						17,633,786						17,667,623
Weighted average shares, diluted						332,825,186						325,170,383						332,144,893						332,077,834
Net income per share, basic						$	0.17					$	0.12					$	0.47					$	0.48
Net income per share, diluted						$	0.16					$	0.12					$	0.46					$	0.46

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potential common shares were excluded from the calculation of diluted net income per share attributable to common stockholders because their effect would have been anti‑dilutive for the periods presented:

			Three Months Ended												Nine Months Ended
			September 30,												September 30,
			2023						2022						2023						2022
RSUs			—						297,789						—						279,789
Convertible senior notes			—						6,908,798						—						—
Total anti-dilutive securities			—						7,206,587						—						279,789

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration