The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in thousands, except per share amounts):


	Three Months Ended
	April 30,
	2026			2025
Numerator:
Net income	$	17,726		$	8,194
Accretion and dividend on series A convertible preferred stock		(4,230	)		(4,228	)
Undistributed earnings attributable to preferred stockholders		(1,587	)		(451	)
Net income attributable to common stockholders, basic and diluted	$	11,909		$	3,515

Denominator:
Weighted-average number of shares used to compute net income per share attributable to common stockholders, basic		139,150			144,434
Dilutive effect of awards issued under employee equity plans		989			3,664
Dilutive effect of shares related to convertible senior notes		—			1,516
Weighted-average number of shares used to compute net income per share attributable to common stockholders, diluted		140,139			149,614

Net income per share attributable to common stockholders, basic	$	0.09		$	0.02
Net income per share attributable to common stockholders, diluted	$	0.08		$	0.02

The dilutive effect was computed using the if-converted method for convertible instruments and the treasury stock method for all other potential common shares.

The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because the impact of including them would have been antidilutive (in thousands):


	Three Months Ended
	April 30,
	2026		2025
Options to purchase common stock		25		—
Restricted stock units		9,617		96
Employee stock purchase plan		1,755		200
Shares related to convertible preferred stock		18,566		18,539
Total		29,963		18,835