Company: ALGN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001097149-25-000064
Chunk: 147

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 147
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217,838 $201,592 Denominator:Weighted average common shares outstanding, basic72,565 75,184 73,061 75,180 Dilutive effect of potential common stock28 39 37 135 Total shares, diluted72,593 75,223 73,098 75,315 Net income per share, basic$1.72 $1.28 $2.98 $2.68 Net income per share, diluted$1.72 $1.28 $2.98 $2.68 Anti-dilutive potential common shares 11,505 1,149 1,377 648 

1 Represents approximately 1,501.7 thousand RSU and 3.3 thousand ESPP weighted average outstanding common stock equivalent shares for the three months ended June 30, 2025 and approximately 1,374.6 thousand RSU and 2.2 thousand ESPP weighted-average outstanding common stock equivalent shares for the six months ended June 30, 2025. Approximately 1,148.7 thousand RSU and 0.3 thousand ESPP weighted average outstanding common stock equivalent shares for the three months ended June 30, 2024 and approximately 647.8 thousand RSU and 0.1 thousand ESPP weighted-average outstanding common stock equivalent shares for the six months ended June 30, 2024 that are excluded from the calculation of diluted net income per share as the effect would have been anti-dilutive. 

22 

Note 13. Supplemental Cash Flow Information 

The supplemental cash flow information consists of the following (in thousands): Six Months EndedJune 30, 20252024Non-cash investing and financing activities:Acquisition of property, plant and equipment in accounts payable and accrued liabilities$12,995 $16,657 Final settlement of prior year stock repurchase forward contract— 50,000 Cash paid for amounts included in the measurement of lease liabilities:Operating cash flows from operating leases$19,323 $19,643 Right-of-use assets obtained in exchange for lease obligations:Operating leases$12,259 $22,820 

Note 14. Segments and Geographical Information

Segment InformationWe report segment information based on the management approach. The management approach designates the internal reporting used by our Chief Operating Decision Maker (“CODM”), our