v3.22.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Revenue:        
Total revenue $ 269,544 $ 262,194 $ 706,437 $ 664,384
Cost of revenue:        
Total cost of revenue 56,802 60,470 172,157 166,524
Gross profit 212,742 201,724 534,280 497,860
Operating expenses:        
Research and development 42,558 41,637 129,932 128,940
Sales and marketing 66,994 66,048 209,435 197,191
General and administrative 25,533 23,665 75,584 69,881
Amortization of acquired intangible assets 13,818 14,919 41,500 44,895
Restructuring charges 89 0 1,803 0
Total operating expenses 148,992 146,269 458,254 440,907
Income from operations 63,750 55,455 76,026 56,953
Interest and other income (expense), net:        
Interest income 1,480 45 2,512 154
Interest expense (2,914) (1,748) (7,021) (6,314)
Other income (expense), net (1,738) 1,880 (2,045) 1,581
Total interest and other income (expense), net (3,172) 177 (6,554) (4,579)
Income before income tax expense 60,578 55,632 69,472 52,374
Income tax expense 7,960 7,907 6,603 8,094
Net income $ 52,618 $ 47,725 $ 62,869 $ 44,280
Basic net income per share (in dollars per share) $ 0.73 $ 0.65 $ 0.87 $ 0.60
Diluted net income per share (in dollars per share) $ 0.72 $ 0.64 $ 0.86 $ 0.59
Weighted average common shares outstanding used in computing:        
Net income per share - basic (in shares) 71,744 73,898 72,015 74,048
Net income per share - diluted (in shares) 73,049 74,899 73,271 74,976
Product        
Revenue:        
Total revenue $ 149,452 $ 144,420 $ 359,519 $ 327,989
Cost of revenue:        
Total cost of revenue 25,281 30,338 77,967 73,843
Service        
Revenue:        
Total revenue 120,092 117,774 346,918 336,395
Cost of revenue:        
Total cost of revenue $ 31,521 $ 30,132 $ 94,190 $ 92,681