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Net Income Per Share
12 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Income Per Share 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):
Fiscal Year Ended March 31,
202420232022
Numerator:
Net income$154,632 $107,959 $52,451 
Denominator:
Weighted average shares outstanding, basic294,051 287,700 284,161 
Dilutive effect of share-based awards5,229 3,917 6,742 
Weighted average shares outstanding, diluted299,280 291,617 290,903 
Net income per share, basic$0.53 $0.38 $0.18 
Net income per share, diluted$0.52 $0.37 $0.18 
The effect of certain common share equivalents were excluded from the computation of weighted average diluted shares outstanding for the years ended March 31, 2024, 2023, and 2022 as inclusion would have resulted in anti-dilution. A summary of these weighted-average anti-dilutive common share equivalents is provided in the table below (in thousands):
Fiscal Year Ended March 31,
202420232022
Stock options 130 952 170 
Unvested RSAs and RSUs203 776 119