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Net (Loss) Income Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net (Loss) Income Per Share Net (Loss) Income Per Share
The following table presents the computation of basic and diluted net (loss) income per share (in thousands, except per share amounts):
Years Ended December 31,
202420232022
Basic
Numerator:
Net (loss) income$(837,068)$18,180 $266,638 
Denominator:
Weighted average shares used to compute net (loss) income per share, basic
103,300 116,504 127,557 
Net (loss) income per share, basic
$(8.10)$0.16 $2.09 
Diluted
Numerator:
Net (loss) income$(837,068)$18,180 $266,638 
Convertible senior notes activity, net of tax
— (61,694)(65,444)
Net (loss) income, diluted
$(837,068)$(43,514)$201,194 
Denominator:
Weighted average shares used to compute net (loss) income per share, basic
103,300 116,504 127,557 
Shares related to stock plan activity— — 968 
Shares related to convertible senior notes— 12,065 21,334 
Weighted average shares used to compute net (loss) income per share, diluted
103,300 128,569 149,859 
Net (loss) income per share, diluted
$(8.10)$(0.34)$1.34 

The following table presents potential weighted-average shares of common stock outstanding that were excluded from the computation of diluted net (loss) income per share because including them would have been anti-dilutive (in thousands):
Years Ended December 31,
202420232022
Shares related to stock plan activity7,206 8,442 3,556 
Shares related to convertible senior notes9,234 — — 
Total common stock equivalents16,440 8,442 3,556