v3.26.1
Net Income (Loss) per Share (Tables)
12 Months Ended
Jul. 31, 2026
Earnings Per Share [Abstract]  
Company's basic and diluted earnings per share
The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share for the fiscal years ended July 31, 2026, 2025, and 2024 (in thousands, except share and per share amounts):
Fiscal years ended July 31,
202620252024
Numerator:
Net income (loss)$139,283 $69,804 $(6,103)
Net income (loss) per share:
Basic$1.65 $0.83 $(0.07)
Diluted$1.63 $0.81 $(0.07)
Denominator:
Weighted average shares used in computing net income (loss) per share:
Basic84,186,951 83,846,793 82,291,483 
Weighted average effect of dilutive stock options65,014 88,673 — 
Weighted average effect of dilutive stock awards1,132,920 1,976,179 — 
Weighted average effect of the ESPP purchase rights20,292 — 
Diluted85,405,177 85,911,653 82,291,483 
Outstanding antidilutive shares of common stock equivalents
The following weighted average shares of potential common stock were excluded from the computation of diluted net income (loss) per share for the periods presented because including them would have been anti-dilutive:
Fiscal years ended July 31,
202620252024
Stock options— — 182,082 
Stock awards676,983 19,643 3,763,725 
ESPP purchase rights3,455 2,784 — 
Convertible senior notes— — 3,516,480