Net Income (Loss) Per Share (Tables)

The following table sets forth the computation of basic and diluted net income (loss) per share attributable to common stockholders for the years ended December 31, 2017, 2018 and 2019 (in millions, except share amounts which are reflected in thousands, and per share amounts):



	Year Ended December 31,
	2017			2018			2019
Basic net income (loss) per share:
Numerator
Net income (loss) including non-controlling interests	$	(4,033	)	$	987		$	(8,512	)
Less: net income (loss) attributable to non-controlling interests, net of tax	—			10			6
Less: noncumulative dividends to preferred stockholders	—			(997		)	—
Net income (loss) attributable to common stockholders	$	(4,033	)	$	—		$	(8,506	)
Denominator
Basic weighted-average common stock outstanding	426,360			443,368			1,248,353
Basic net income (loss) per share attributable to common stockholders ⁽¹⁾	$	(9.46	)	$	—		$	(6.81	)
Diluted net income (loss) per share:
Numerator
Net income (loss) attributable to common stockholders	$	(4,033	)	$	—		$	(8,506	)
Add: Change in fair value of MLU B.V. put/call feature	—			(12		)	—
Add: noncumulative dividends to preferred stockholders	—			12			—
Diluted net income (loss) attributable to common stockholders	$	(4,033	)	$	—		$	(8,506	)
Denominator
Number of shares used in basic net income (loss) per share computation	426,360			443,368			1,248,353
Weighted-average effect of potentially dilutive securities:
Common stock subject to a put/call feature	—			407			—
Stock options	—			33,528			—
RSUs to settle fixed monetary awards				1,073			—
Other	—			623			—
Diluted weighted-average common stock outstanding	426,360			478,999			1,248,353
Diluted net income (loss) per share attributable to common stockholders ⁽¹⁾	$	(9.46	)	$	—		$	(6.81	)

⁽¹⁾Per share amounts are calculated using unrounded numbers and therefore may not recalculate.

The following potentially dilutive outstanding securities were excluded from the computation of diluted net income (loss) per share because their effect would have been anti-dilutive for the periods presented, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period (in thousands):



	Year Ended December 31,
	2017	2018	2019
Redeemable convertible preferred stock	863,305	903,607	—
Convertible notes	196,398	200,595	—
RSUs	87,101	137,426	85,058
Stock options	50,304	8,776	34,800
Restricted common stock with performance condition	888	1,758	—
Common stock subject to repurchase	12,266	1,695	210
Warrants to purchase redeemable convertible preferred stock	4,449	1,073	—
SARs	705	758	—
RSUs to settle fixed monetary awards	2,712	559	283
Shares committed under ESPP	—	—	5,490
Warrants to purchase common stock	280	100	123
Total	1,218,408	1,256,347	125,964