v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Revenue:      
Total revenue $ 859,482 $ 822,679 $ 829,455
Cost of revenue:      
Total cost of revenue 176,988 178,735 187,412
Gross profit 682,494 643,944 642,043
Operating expenses:      
Research and development 159,461 152,864 161,213
Sales and marketing 264,538 268,051 270,979
General and administrative 103,185 96,724 95,886
Amortization of acquired intangible assets 44,602 46,440 50,337
Restructuring charges 883 20,500 0
Goodwill impairment 0 426,967 217,260
Gain on divestiture of a business 0 0 (3,806)
Total operating expenses 572,669 1,011,546 791,869
Income (loss) from operations 109,825 (367,602) (149,826)
Interest and other income, net:      
Interest income 13,831 10,736 9,602
Interest expense (1,705) (7,160) (8,651)
Other (expense) income, net (3,443) (1,768) 4,365
Total interest and other income, net 8,683 1,808 5,316
Income (loss) before income tax expense 118,508 (365,794) (144,510)
Income tax expense 22,977 1,128 3,224
Net income (loss) $ 95,531 $ (366,922) $ (147,734)
Basic net income (loss) per share $ 1.33 $ (5.12) $ (2.07)
Diluted net income (loss) per share $ 1.3 $ (5.12) $ (2.07)
Weighted average common shares outstanding used in computing:      
Net income (loss) per share-basic 71,984 71,627 71,474
Net income (loss) per share-diluted 73,355 71,627 71,474
Product      
Revenue:      
Total revenue $ 370,145 $ 359,894 $ 360,444
Cost of revenue:      
Total cost of revenue 50,594 57,463 64,057
Service      
Revenue:      
Total revenue 489,337 462,785 469,011
Cost of revenue:      
Total cost of revenue $ 126,394 $ 121,272 $ 123,355