v3.26.1
Net Income Per Share
 12 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):
Fiscal Year Ended March 31,
202620252024
Numerator:
Net income$162,669 $483,684 $154,632 
Denominator:
Weighted average shares outstanding, basic300,102 298,384 294,051 
Dilutive effect of share-based awards3,625 5,218 5,229 
Weighted average shares outstanding, diluted303,727 303,602 299,280 
Net income per share, basic$0.54 $1.62 $0.53 
Net income per share, diluted$0.54 $1.59 $0.52 
The effect of certain common share equivalents were excluded from the computation of weighted-average diluted shares outstanding for the years ended March 31, 2026, 2025, and 2024 as inclusion would have resulted in anti-dilution. A summary of these weighted-average anti-dilutive common share equivalents is provided in the table below (in thousands):
Fiscal Year Ended March 31,
202620252024
Stock options 58 74 130 
Unvested RSAs and RSUs4,240 209 203