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Net Income per Share (Tables) | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share Reconciliation [Abstract] |
Schedule of Components Used in Computation of Basic and Diluted Net Income Per Share | The components used in the computation of basic and diluted net income per share for the three months ended March 31, 2024 and 2023 were as follows (in thousands, except per share data):
| For the Three Months Ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 175,418 |  |  | $ | 97,106 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Shares used for basic net income per share | 151,628 |  |  | 155,637 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock awards | 3,724 |  |  | 498 |  |  |  |  |
Convertible senior notes | 2,114 |  |  | — |  |  |  |  |
Warrants related to issuance of convertible senior notes | — |  |  | — |  |  |  |  |
Shares used for diluted net income per share | 157,466 |  |  | 156,135 |  |  |  |  |
Basic net income per share | $ | 1.16 |  |  | $ | 0.62 |  |  |  |  |
Diluted net income per share | $ | 1.11 |  |  | $ | 0.62 |  |  |  |  |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The number of potentially outstanding shares excluded from the computation of diluted net income per share for the three months ended March 31, 2024 and 2023 were as follows (in thousands):
| For the Three Months Ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
Service-based stock awards | 4,161 |  |  | 7,867 |  |  |  |  |
Market- and performance-based stock awards | 1,328 |  |  | 1,580 |  |  |  |  |
Warrants related to issuance of convertible senior notes | 32,006 |  |  | 21,991 |  |  |  |  |
Total shares excluded from computation | 37,495 |  |  | 31,438 |  |  |  |  |

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- 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
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- 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
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