| Schedule of Basic and Diluted 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 September 30, | | Six Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Net income per share, basic: | | | | | | | | | Numerator: | | | | | | | | | Net income | $ | 67,764 | | | $ | 57,243 | | | $ | 104,415 | | | $ | 105,198 | | | Denominator: | | | | | | | | | Weighted average shares outstanding, basic | 288,025 | | | 301,558 | | | 290,099 | | | 300,859 | | | Net income per share, basic | $ | 0.24 | | | $ | 0.19 | | | $ | 0.36 | | | $ | 0.35 | | | | | | | | | | | Net income per share, diluted: | | | | | | | | | Numerator: | | | | | | | | | Net income | $ | 67,764 | | | $ | 57,243 | | | $ | 104,415 | | | $ | 105,198 | | | Interest expense on exchangeable senior notes, net of tax | 458 | | | — | | | 458 | | | — | | | Net income used to compute net income per share, diluted | $ | 68,222 | | | $ | 57,243 | | | $ | 104,873 | | | $ | 105,198 | | | Denominator: | | | | | | | | | Weighted average shares outstanding, basic | 288,025 | | | 301,558 | | | 290,099 | | | 300,859 | | | Dilutive effect of share-based awards | 3,436 | | | 2,745 | | | 2,495 | | | 3,942 | | | Dilutive effect of exchangeable senior notes | 10,210 | | | — | | | 5,133 | | | — | | | | | | | | | | | Weighted average shares outstanding, diluted | 301,671 | | | 304,303 | | | 297,727 | | | 304,801 | | | Net income per share, diluted | $ | 0.23 | | | $ | 0.19 | | | $ | 0.35 | | | $ | 0.35 | |
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| Schedule of Weighted-Average Anti-dilutive Common Share |
A summary of these weighted-average anti-dilutive common share equivalents is provided in the table below (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Six Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Unvested RSAs and RSUs | 3,435 | | | 5,259 | | | 4,324 | | | 3,537 | | | Stock options | 40 | | | 44 | | | 80 | | | 44 | | | Shares committed under ESPP | — | | | — | | | 10 | | | — | | | Warrants related to the exchangeable senior notes | 10,210 | | | — | | | 5,133 | | | — | | | | | | | | | |
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