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Net Income Per Share Attributable to Common Stockholders
12 Months Ended
Mar. 31, 2023
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):
Fiscal Year Ended March 31,
202320222021
Numerator
Net income$112,818 $154,783 $50,210 
Less: undistributed earnings attributable to participating securities— (21,526)(28,654)
Net income attributable to Class A and Class B common stockholders, basic and diluted
$112,818 $133,257 $21,556 
Denominator
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, basic
193,176 163,484 74,342 
Dilutive effect of stock options20,027 27,290 20,612 
Dilutive effect of common stock warrants139 234 180 
Dilutive effect of other share-based awards83 — 
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, diluted
213,425 191,017 95,134 
Net income per share attributable to Class A and Class B common stockholders:
Basic$0.58 $0.82 $0.29 
Diluted$0.53 $0.70 $0.23 
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):
Fiscal Year Ended March 31,
202320222021
Redeemable convertible preferred stock— — 76,287 
Other share-based awards572 217 — 
Common stock warrants516 247 — 
Total1,088 464 76,287