v3.26.1
Net Income Per Share Attributable to Common Stockholders
12 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Income Per Share Attributable to Common Stockholders Net Income Per Share Attributable to Common Stockholders
The following table presents the reconciliation of the numerator and denominator for calculating basic and diluted net income per share (in thousands, except per share data):
Fiscal Year Ended March 31,
202620252024
Numerator
Net income$196,051 $223,185 $147,582 
Denominator
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, basic
187,014 186,841 190,172 
Dilutive effect of stock options10,435 13,021 15,346 
Dilutive effect of common stock warrants— — 72 
Dilutive effect of other share-based awards1,599 1,346 144 
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, diluted
199,048 201,208 205,734 
Net income per share attributable to Class A and Class B common stockholders:
Basic$1.05 $1.19 $0.78 
Diluted$0.98 $1.11 $0.72 
Certain potentially dilutive securities have been excluded from the calculation of diluted net income per share during the applicable periods because their inclusion would have been anti-dilutive (in thousands):
Fiscal Year Ended March 31,
202620252024
Other share-based awards189 102 883 
Common stock warrants231 379 516 
Total420 481 1,399 
Other share-based awards consist of RSUs, PSUs, and ESPP rights.