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Net Income per Share (Tables) | 9 Months Ended
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Oct. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations for Common Stock | The numerators and denominators of the basic and diluted net income per share computations for our common stock are calculated as follows (in thousands, except per share data):
| Three months ended October 31, |  | Nine months ended October 31,
2023 |  | 2022 |  | 2023 |  | 2022
Class A |  | Class B(1) |  | Class A |  | Class B |  | Class A |  | Class B(1) |  | Class A |  | Class B
Basic |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income, basic | $ | 124,569 |  |  | $ | 10,589 |  |  | $ | 98,151 |  |  | $ | 10,306 |  |  | $ | 345,597 |  |  | $ | 32,710 |  |  | $ | 270,666 |  |  | $ | 28,507 |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares used in computing net income per share, basic | 148,172 |  |  | 12,596 |  |  | 140,626 |  |  | 14,766 |  |  | 146,480 |  |  | 13,864 |  |  | 140,193 |  |  | 14,765 |
Net income per share, basic | $ | 0.84 |  |  | $ | 0.84 |  |  | $ | 0.70 |  |  | $ | 0.70 |  |  | $ | 2.36 |  |  | $ | 2.36 |  |  | $ | 1.93 |  |  | $ | 1.93 |
Diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income, basic | $ | 124,569 |  |  | $ | 10,589 |  |  | $ | 98,151 |  |  | $ | 10,306 |  |  | $ | 345,597 |  |  | $ | 32,710 |  |  | $ | 270,666 |  |  | $ | 28,507 |
Reallocation as a result of conversion of Class B to Class A common stock: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income, basic | 10,589 |  |  | — |  |  | 10,306 |  |  | — |  |  | 32,710 |  |  | — |  |  | 28,507 |  |  | — |
Reallocation of net income to Class B common stock | — |  |  | 2,277 |  |  | — |  |  | 4,175 |  |  | — |  |  | 5,901 |  |  | — |  |  | 12,067 |
Net income, diluted | $ | 135,158 |  |  | $ | 12,866 |  |  | $ | 108,457 |  |  | $ | 14,481 |  |  | $ | 378,307 |  |  | $ | 38,611 |  |  | $ | 299,173 |  |  | $ | 40,574 |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of shares used for basic net income per share computation | 148,172 |  |  | 12,596 |  |  | 140,626 |  |  | 14,766 |  |  | 146,480 |  |  | 13,864 |  |  | 140,193 |  |  | 14,765 |
Conversion of Class B to Class A common stock | 12,596 |  |  | — |  |  | 14,766 |  |  | — |  |  | 13,864 |  |  | — |  |  | 14,765 |  |  | — |
Effect of potentially dilutive common shares | 2,993 |  |  | 2,993 |  |  | 6,903 |  |  | 6,903 |  |  | 2,785 |  |  | 2,785 |  |  | 7,231 |  |  | 7,231 |
Weighted average shares used in computing net income per share, diluted | 163,761 |  |  | 15,589 |  |  | 162,295 |  |  | 21,669 |  |  | 163,129 |  |  | 16,649 |  |  | 162,189 |  |  | 21,996 |
Net income per share, diluted | $ | 0.83 |  |  | $ | 0.83 |  |  | $ | 0.67 |  |  | $ | 0.67 |  |  | $ | 2.32 |  |  | $ | 2.32 |  |  | $ | 1.84 |  |  | $ | 1.84 |
(1) Net income per share attributable to Class B common stock was determined for the relevant periods through October 15, 2023. See n ote 11 Stockholders’ Equity.
Schedule of Potential Common Share Equivalents Excluded where the Inclusion would be Anti-dilutive | Potential common share equivalents excluded where the inclusion would be anti-dilutive are as follows:
| Three months ended October 31, |  | Nine months ended October 31,
2023 |  | 2022 |  | 2023 |  | 2022
Options and awards | 6,340,276 |  |  | 5,022,968 |  |  | 6,615,821 |  |  | 4,363,631 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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