The following tables present the calculation of basic and diluted net income per share. Net income is reported in millions and rounded from amounts in thousands; as a result, net income per share may not recalculate exactly due to rounding.


	Three Months Ended April 30,
	2026				2025
	Class A		Class B			Class A		Class B
	(dollars in millions, shares in thousands, except per share data)
Basic net income per share:
Numerator:
Net income, basic	$	71	$	3		$	59	$	3
Denominator:
Weighted-average shares outstanding, basic	168,442		7,687			166,332		7,840
Net income per share, basic	$	0.42	$	0.42		$	0.36	$	0.36

Diluted net income per share:
Numerator:
Net income	$	71	$	3		$	59	$	3
Interest and other1	—		—			1		—
Reallocation of net income as a result of assumed conversion of Class B to Class A common shares	3		—			3		—
Net income, diluted	$	74	$	3		$	63	$	3
Denominator:
Number of shares used in basic calculation	168,442		7,687			166,332		7,840
Weighted-average effect of diluted securities related to:
Employee share-based awards	743		200			2,625		787
Convertible senior notes	627		—			4,170		—
Assumed conversion of Class B to Class A common shares	7,887		—			8,627		—
Number of shares used in diluted calculation	177,699		7,887			181,754		8,627
Net income per share, diluted	$	0.42	$	0.42		$	0.35	$	0.35
1 Under the if-converted method, net income is adjusted to reflect the assumption that the convertible senior notes were converted at the beginning of the period.