| Net Income (Loss) Per Share |
Note 14. Net Income (Loss) Per Share Net income (loss) per share was calculated as follows for the periods indicated below: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2024 | | 2023 | | 2024 | | 2023 | | Basic net income (loss) | $ | 106,456 | | | $ | 171,269 | | | $ | (168,597) | | | $ | 396,520 | | | | | | | | | | | Weighted average common shares outstanding | 192,629 | | 224,078 | | 211,763 | | 223,428 | | | | | | | | | | Basic net income (loss) per share | $ | 0.55 | | | $ | 0.76 | | | $ | (0.80) | | | $ | 1.77 | | | | | | | | | | | Diluted net income (loss) | $ | 106,456 | | | $ | 171,269 | | | $ | (168,597) | | | $ | 396,520 | | | | | | | | | | | Weighted average common shares outstanding | 192,629 | | 224,078 | | 211,763 | | 223,428 | | Dilutive stock options and awards | 3,209 | | | 2,089 | | — | | | 2,328 | | Weighted average shares used to compute diluted net income (loss) per share | 195,838 | | 226,167 | | 211,763 | | 225,756 | | | | | | | | | | Diluted net income (loss) per share | $ | 0.54 | | | $ | 0.76 | | | $ | (0.80) | | | $ | 1.76 | |
All stock options and stock awards were excluded from the diluted share calculation for the nine months ended September 30, 2024 because their effect would have been anti-dilutive, as we were in a net loss position. The potential common shares that were excluded from the diluted net income (loss) per share computation are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2024 | | 2023 | | 2024 | | 2023 | | Outstanding stock options and awards | 13,067,516 | | 12,997,146 | | 16,881,330 | | 11,964,901 |
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