v3.26.1
Net Income Per Share Attributable to Common Stockholders
 6 Months Ended
Jul. 31, 2026
Earnings Per Share [Abstract]  
Net Income Per Share Attributable to Common Stockholders Net Income Per Share Attributable to Common Stockholders
The Company computes basic net income per share using the weighted average number of common shares outstanding. The Company computes diluted net income per share using the weighted average number of common shares outstanding plus the effect of potentially dilutive shares using the treasury stock method or the if-converted method depending on the arrangement.
The following table sets forth the computation of the basic and diluted net income per share attributable to common stockholders:
Three months ended July 31,Six months ended July 31,
(in thousands, except share and per share data)2026202520262025
Basic net income per share:
Numerator:
Net income, basic$13,149 $26,751 $15,774 $27,521 
Denominator:
Weighted-average common shares outstanding, basic100,094,307122,854,629105,813,505124,229,932
Net income per share:
Net income per share attributable to common stockholders, basic
$0.13 $0.22 $0.15 $0.22 
Diluted net income per share:
Numerator:
Net income
$13,149 $26,751 $15,774 $27,521 
Fair value adjustment related to contingent consideration(200)(23,400)— (21,600)
Net income, diluted
$12,949 $3,351 $15,774 $5,921 
Denominator:
Number of shares used in basic calculation 100,094,307122,854,629105,813,505124,229,932
Dilutive effect of employee stock-based awards1,471,453 5,380,873 1,351,719 4,810,421 
Dilutive effect of incentive pool— 1,129,194 — 1,254,875 
Dilutive effect of earnout arrangement1,544,566 1,436,112 — 718,056 
Weighted-average common shares outstanding, diluted103,110,326130,800,808107,165,224131,013,284
Net income per share attributable to common stockholders, diluted
$0.13 $0.03 $0.15 $0.05 
    
Anti-dilutive common equivalent shares that have been excluded from diluted net income per share were as follows:
Three months ended July 31,Six months ended July 31,
2026202520262025
Options to purchase common stock500,239 181,750 511,102 507,946 
Restricted stock and restricted stock units4,260,230 3,400,013 4,749,575 2,818,227 
Shares estimated to be purchased under ESPP199,208 — 99,604 — 
Performance-based restricted stock units6,708,478 2,995,000 7,697,000 2,862,500 
Contingent shares - earnout arrangement— — 1,441,158 — 
Total anti-dilutive common equivalent shares11,668,155 6,576,763 14,498,439 6,188,673 
The earnout arrangement and incentive pool entered into in connection with the acquisition of Hearsay represent liability-classified arrangements that may be settled in cash or shares at the Company's election. Diluted net income per share includes the effect of the potential share settlement associated with these arrangements when such effects are dilutive. See Note 4 "Business Combinations" to the condensed consolidated financial statements for additional information related to the earnout and incentive pool.