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Earnings per share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted A reconciliation of the numerators and the denominators of the basic and diluted earnings per share computations is as follows (in thousands, except per share amounts):
Three Months EndedNine Months Ended
September 30,September 30,
 2025202420252024
Numerator
Net income$175,225 $137,011 $458,480 $307,079 
Denominator
Weighted average common shares outstanding for basic earnings per share117,219 126,850 120,570 126,969 
Dilutive potential common stock outstanding
Stock options2,178 2,174 2,092 1,844 
RSUs, PSUs and ESPP920 817 897 615 
Convertible Notes2,014 293 890 98 
Weighted average common shares outstanding for diluted earnings per share122,331 130,134 124,449 129,526 
Earnings per share
Basic$1.49 $1.08 $3.80 $2.42 
Diluted$1.43 $1.05 $3.68 $2.37 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Shares which have been excluded from the calculation of diluted earnings per common share because their effect was anti-dilutive include the following (shares in millions):
Three Months EndedNine Months Ended
September 30,September 30,
 2025202420252024
Anti-dilutive securities (1)
21.9 24.0 23.3 26.1 
(1) The anti-dilutive securities include outstanding stock options, unvested RSUs, unvested PSUs, common shares expected to be issued under our ESPP and Convertible Notes.