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Net Income Per Share Attributable to Common Stockholders
6 Months Ended
Sep. 30, 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):
Three Months Ended September 30,Six Months Ended September 30,
2023202220232022
Numerator
Net income$30,602 $26,299 $59,008 $48,682 
Denominator
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, basic
193,112 193,137 193,813 193,042 
Dilutive effect of stock options15,673 20,595 16,573 21,178 
Dilutive effect of common stock warrants122 123 122 155 
Dilutive effect of other share-based awards107 94 173 77 
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, diluted
209,014 213,949 210,681 214,452 
Net income per share attributable to Class A and Class B common stockholders:
Basic$0.16 $0.14 $0.30 $0.25 
Diluted$0.15 $0.12 $0.28 $0.23 
The dilutive effect of stock options, common stock warrants, RSUs, PSUs, and the ESPP is reflected in diluted earnings per share using the treasury stock method.
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,
2023202220232022
Other share-based awards1,665 511 911 512 
Common stock warrants516 516 516 516 
Total2,181 1,027 1,427 1,028