| Computation of Basic and Diluted Net Income Per Share |
The following table sets forth the computation of basic and diluted net income per share of common stock (in thousands, except share and per share data):
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Three Months Ended |
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Six Months Ended |
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July 31,
2026 |
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July 31,
2025 |
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July 31,
2026 |
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July 31,
2025 |
Numerator |
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Net income |
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$ |
3,004 |
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$ |
1,255 |
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$ |
5,586 |
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$ |
1,114 |
Denominator |
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Basic weighted average common shares |
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27,551,160 |
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27,595,209 |
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27,523,689 |
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27,521,797 |
Potentially dilutive shares from equity plans |
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1,326,604 |
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530,095 |
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1,038,126 |
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702,913 |
Diluted weighted-average common shares |
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28,877,764 |
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28,125,304 |
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28,561,815 |
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28,224,710 |
Basic net income per share |
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$ |
0.11 |
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$ |
0.05 |
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$ |
0.20 |
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$ |
0.04 |
Diluted net income per share |
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$ |
0.10 |
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$ |
0.04 |
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$ |
0.20 |
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$ |
0.04 |
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