XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]        
Revenue $ 97,876 $ 58,709 $ 249,895 $ 140,210
Cost of revenue 11,085 7,872 28,022 23,203
Gross profit 86,791 50,837 221,873 117,007
Operating expenses:        
Research and development 16,225 11,406 44,926 31,315
Sales and marketing 25,698 17,017 66,230 44,447
General and administrative 9,079 4,478 25,102 10,789
Total operating expenses 51,002 32,901 136,258 86,551
Income from operations 35,789 17,936 85,615 30,456
Other income, net 20 4,601 485 4,428
Income before income taxes 35,809 22,537 86,100 34,884
Provision for (benefit from) income taxes (19,838) 5,306 (31,957) 6,157
Net income 55,647 17,231 118,057 28,727
Undistributed earnings attributable to participating securities, basic 0 (11,831) (21,866) (17,907)
Undistributed earnings attributable to participating securities, diluted 0 (11,831) (21,866) (17,907)
Net income attributable to Class A and Class B common stockholders, basic 55,647 5,400 96,191 10,820
Net income attributable to Class A and Class B common stockholders, diluted $ 55,647 $ 5,400 $ 96,191 $ 10,820
Net income per share attributable to Class A and Class B common stockholders:        
Basic (in dollars per share) $ 0.30 $ 0.07 $ 0.62 $ 0.15
Diluted (in dollars per share) $ 0.26 $ 0.05 $ 0.53 $ 0.12
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders:        
Basic (in shares) 188,372 77,766 154,289 72,590
Diluted (in shares) 216,396 99,923 182,905 92,286