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 (in millions, except share amounts which are reflected in thousands, and per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2021		2020		2021
Basic net income (loss) per share:
Numerator
Net income (loss) including non-controlling interests	$	(1,772)	$	1,112	$	(4,718)	$	990
Net income (loss) attributable to non-controlling interests, net of tax	3		(32)		(7)		(46)
Net income (loss) attributable to common stockholders	$	(1,775)	$	1,144	$	(4,711)	$	1,036
Denominator
Basic weighted-average common stock outstanding	1,738,897		1,875,156		1,731,632		1,866,830
Basic net income (loss) per share attributable to common stockholders (1)	$	(1.02)	$	0.61	$	(2.72)	$	0.56
Diluted net income (loss) per share:
Numerator
Net income (loss) attributable to common stockholders	$	(1,775)	$	1,144	$	(4,711)	$	1,036
Net loss attributable to Freight Holding convertible common shares non-controlling interest, net of tax	—		(10)		—		(18)
Cumulative dividends to Freight Holding convertible preferred shares non-controlling interest, net of tax	—		3		—		—
Interest expense, amortization of debt discount and issuance costs of 2025 Convertible Notes and Careem Notes	—		3		—		5
Diluted net income (loss) attributable to common stockholders	$	(1,775)	$	1,140	$	(4,711)	$	1,023
Denominator
Number of shares used in basic net income (loss) per share computation	1,738,897		1,875,156		1,731,632		1,866,830
Weighted-average effect of potentially dilutive securities:
Stock options	—		17,785		—		18,808
RSUs	—		31,485		—		36,651

Warrants	—		87		—		88
Common shares issued for ESPP	—		160		—		192
Assumed incremental shares to settle forward obligation for Freight Holding Series A unit holders	—		1,900		—		2,281
Assumed redemption of Freight Holding common shares, non-controlling interest	—		1,268		—		1,306
Assumed redemption of Freight Holding preferred shares, non-controlling interest	—		6,891		—		—
2025 Convertible Notes	—		14,226		—		14,226
Careem Notes	—		7,017		—		9,368
Diluted weighted-average common stock outstanding	1,738,897		1,955,975		1,731,632		1,949,750
Diluted net income (loss) per share attributable to common stockholders (1)	$	(1.02)	$	0.58	$	(2.72)	$	0.52

(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):


	Three Months Ended June 30,		Six Months Ended June 30,
	2020	2021	2020	2021
Freight Holding contingently redeemable preferred stock	—	—	—	7,743
RSUs	96,455	18,594	96,455	17,230
Stock options	27,086	249	27,086	15
Common stock subject to repurchase	28	—	28	—
RSUs to settle fixed monetary awards	175	—	175	—
Shares committed under ESPP	2,441	2,719	2,441	2,296
Warrants to purchase common stock	126	—	126	—
Convertible notes	14,181	—	14,181	—
Total	140,492	21,562	140,492	27,284