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Net Income Per Share Attributable to Common Stockholders
6 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Net Income Per Share Attributable to Common Stockholders Net Income Per Share Attributable to Common Stockholders
The following table presents the reconciliation of the numerator and denominator for calculating basic and diluted net income per share (in thousands, except per share data):
Three Months Ended September 30,Six Months Ended September 30,
2021202020212020
Numerator
Net income$36,088 $10,037 $62,410 $11,496 
Less: undistributed earnings attributable to participating securities— (8,354)(18,326)(9,122)
Net income attributable to Class A and Class B common stockholders, basic and diluted$36,088 $1,683 $44,084 $2,374 
Denominator
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, basic186,171 70,591 137,154 69,988 
Dilutive effect of assumed exercise of options to purchase common stock30,250 21,069 28,685 18,381 
Dilutive effect of assumed exercise of common stock warrants240 170 221 129 
Dilutive effect of restricted stock units11 — — 
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, diluted216,672 91,830 166,066 88,498 
Net income per share attributable to Class A and Class B common stockholders, basic$0.19 $0.02 $0.32 $0.03 
Net income per share attributable to Class A and Class B common stockholders, diluted$0.17 $0.02 $0.27 $0.03 
Certain potentially dilutive securities have been excluded from the calculation of diluted net income per share during the applicable periods because their inclusion would have been anti-dilutive (in thousands):
Three Months Ended September 30,Six Months Ended September 30,
2021202020212020
Redeemable convertible preferred stock— 76,287 — 76,287 
Stock options— 905 — 4,063 
RSUs98 — 49 — 
Total98 77,192 49 80,350