| Summary of Computation of Basic and Diluted Net Income Per Share Attributable to Common Stockholders |
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 |
|
|
Six Months Ended |
|
|
|
July 31, |
|
|
July 31, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
Net income |
|
$ |
19,221 |
|
|
$ |
13,445 |
|
|
$ |
36,947 |
|
|
$ |
21,639 |
|
Accretion and dividend on series A convertible preferred stock |
|
|
(4,314 |
) |
|
|
(4,312 |
) |
|
|
(8,544 |
) |
|
$ |
(8,540 |
) |
Undistributed earnings attributable to preferred stockholders |
|
|
(1,773 |
) |
|
|
(1,036 |
) |
|
|
(3,358 |
) |
|
$ |
(1,488 |
) |
Net income attributable to common stockholders, basic and diluted |
|
$ |
13,134 |
|
|
$ |
8,097 |
|
|
$ |
25,045 |
|
|
$ |
11,611 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average number of shares used to compute net income per share attributable to common stockholders, basic |
|
|
137,379 |
|
|
|
144,896 |
|
|
|
138,250 |
|
|
|
144,669 |
|
Dilutive effect of awards issued under employee equity plans |
|
|
2,340 |
|
|
|
4,345 |
|
|
|
1,664 |
|
|
|
4,004 |
|
Dilutive effect of shares related to convertible senior notes |
|
|
— |
|
|
|
1,861 |
|
|
|
— |
|
|
|
1,696 |
|
Weighted-average number of shares used to compute net income per share attributable to common stockholders, diluted |
|
|
139,719 |
|
|
|
151,102 |
|
|
|
139,914 |
|
|
|
150,369 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per share attributable to common stockholders, basic |
|
$ |
0.10 |
|
|
$ |
0.06 |
|
|
$ |
0.18 |
|
|
$ |
0.08 |
|
Net income per share attributable to common stockholders, diluted |
|
$ |
0.09 |
|
|
$ |
0.05 |
|
|
$ |
0.18 |
|
|
$ |
0.08 |
|
|
| Summary of Weighted Average Outstanding Shares Excluded from Computation of Diluted Net Income per Share Attributable to Common Stockholders |
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 |
|
|
Six Months Ended |
|
|
|
July 31, |
|
|
July 31, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Options to purchase common stock |
|
|
25 |
|
|
|
— |
|
|
|
25 |
|
|
|
— |
|
Restricted stock units |
|
|
5,172 |
|
|
|
479 |
|
|
|
5,172 |
|
|
|
265 |
|
Employee stock purchase plan |
|
|
2,591 |
|
|
|
370 |
|
|
|
2,146 |
|
|
|
282 |
|
Shares related to convertible preferred stock |
|
|
18,564 |
|
|
|
18,564 |
|
|
|
18,567 |
|
|
|
18,566 |
|
Total |
|
|
26,352 |
|
|
|
19,413 |
|
|
|
25,910 |
|
|
|
19,113 |
|
|