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Net Income Per Share Attributable to Common Stockholders
9 Months Ended
Dec. 31, 2022
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 December 31,Nine Months Ended December 31,
2022202120222021
Numerator
Net income$33,468 $55,647 $82,150 $118,057 
Less: undistributed earnings attributable to participating securities— — — (21,866)
Net income attributable to Class A and Class B common stockholders, basic and diluted
$33,468 $55,647 $82,150 $96,191 
Denominator
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, basic
192,805 188,372 192,963 154,289 
Dilutive effect of stock options19,118 27,762 20,491 28,377 
Dilutive effect of common stock warrants122 247 144 230 
Dilutive effect of other share-based awards20 15 58 
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, diluted
212,065 216,396 213,656 182,905 
Net income per share attributable to Class A and Class B common stockholders:
Basic$0.17 $0.30 $0.43 $0.62 
Diluted$0.16 $0.26 $0.38 $0.53 
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 December 31,Nine Months Ended December 31,
2022202120222021
Other share-based awards1,291 254 491 118 
Common stock warrants516 477 516 159 
Total1,807 731 1,007 277