Net Income Per Share Attributable to Common Stockholders (Tables)

12 Months Ended

Mar. 31, 2026

Schedule of Earnings Per Share, Basic and Diluted

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,
	2026		2025		2024
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 options	10,435		13,021		15,346

Dilutive effect of common stock warrants	—		—		72
Dilutive effect of other share-based awards	1,599		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

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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,
	2026	2025	2024



Other share-based awards	189	102	883
Common stock warrants	231	379	516
Total	420	481	1,399