v3.26.1
Net Income Per Share
 3 Months Ended
Jun. 30, 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):
Three Months Ended June 30,
20262025
Numerator:
Net income$36,651 $47,955 
Denominator:
Weighted average shares outstanding, basic292,202 300,153 
Dilutive effect of share-based awards1,542 4,007 
Weighted average shares outstanding, diluted293,744 304,160 
Net income per share, basic$0.13 $0.16 
Net income per share, diluted$0.12 $0.16 
The effect of certain common share equivalents were excluded from the computation of weighted-average diluted shares outstanding for the three months ended June 30, 2026 and 2025 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):
Three Months Ended June 30,
20262025
Unvested RSAs and RSUs5,222 1,951 
Stock options 121 44 
Shares committed under ESPP20 13