v3.24.3
Net Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Share
We calculated basic and diluted net income (loss) per share as follows (in thousands, except per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Class AClass BClass AClass BClass AClass BClass AClass B
Basic net income (loss) per share:
Numerator:
Net income (loss)$26,835 $3,721 $5,847 $886 $12,837 $1,794 $(205,602)$(31,186)
Denominator:
Weighted-average shares used in computing net income (loss) per share, basic
595,867 82,629 581,235 88,026 596,749 83,408 585,973 88,880 
Basic net income (loss) per share
$0.05 $0.05 $0.01 $0.01 $0.02 $0.02 $(0.35)$(0.35)
Diluted net income (loss) per share:
Numerator:
Net income (loss)$26,835 $3,721 $5,847 $886 $12,837 $1,794 $(205,602)$(31,186)
Reallocation of net income as a result of conversion of Class B to Class A common stock 3,721 — 886 — 1,794 — — — 
Reallocation of net income to Class B common stock — (91)— (25)— (55)— — 
Diluted net income (loss)
$30,556 $3,630 $6,733 $861 $14,631 $1,739 $(205,602)$(31,186)
Denominator
Weighted-average shares used in computing net income (loss) per share, basic
595,867 82,629 581,235 88,026 596,749 83,408 585,973 88,880 
Conversion of Class B to Class A common stock82,629 — 88,026 — 83,408 — — — 
Weighted average effect of dilutive potential common stock 16,987 — 17,840 — 21,611 — — — 
Weighted-average shares used in computing net income (loss) per share, diluted
695,483 82,629 687,101 88,026 701,768 83,408 585,973 88,880 
Diluted net income (loss) per share
$0.04 $0.04 $0.01 $0.01 $0.02 $0.02 $(0.35)$(0.35)
Schedule of Weighted-Average Anti-Dilutive Shares of Common Stock Excluded from the Calculation of Diluted Net Income (Loss) Per Share We excluded the following weighted-average potential shares of common stock from our calculation of diluted net income (loss) per share because these would be anti-dilutive (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Outstanding stock options— 8,553 — 14,750 
Unvested restricted stock units and restricted stock awards13,932 5,327 5,701 53,967 
Total13,932 13,880 5,701 68,717