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Net Income Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
    Basic net income per share is computed using the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share is computed using the weighted-average number of shares of common stock outstanding during the period, including potential common shares assuming the dilutive effect of outstanding stock options, restricted stock units, and the employee stock purchase plan using the treasury stock method. Potential common shares whose
effect would have been antidilutive are excluded from the computation of diluted net income per share. The following table sets forth the computation of our basic and diluted net income per share (in thousands, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242022
Numerator:
Net income$665,428 $491,885 $1,303,120 $928,358 
Denominator:
Basic weighted-average shares outstanding 313,711 308,636 313,372 307,810 
Add weighted-average effect of dilutive securities:
    Employee equity awards6,210 7,849 6,521 8,221 
Diluted weighted-average shares outstanding 319,921 316,485 319,893 316,031 
Net income per share:
         Basic $2.12 $1.59 $4.16 $3.02 
         Diluted $2.08 $1.55 $4.07 $2.94 
    The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of diluted net income per share for the periods presented because their effect would have been anti-dilutive for the periods presented (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242022
          Employee equity awards26 625 96 498