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Net Income Per Share Attributable to Common Stockholders
12 Months Ended
Mar. 31, 2024
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,
202420232022
Numerator
Net income$147,582 $112,818 $154,783 
Less: undistributed earnings attributable to participating securities— — (21,526)
Net income attributable to Class A and Class B common stockholders, basic and diluted
$147,582 $112,818 $133,257 
Denominator
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, basic
190,172 193,176 163,484 
Dilutive effect of stock options15,346 20,027 27,290 
Dilutive effect of common stock warrants72 139 234 
Dilutive effect of other share-based awards144 83 
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, diluted
205,734 213,425 191,017 
Net income per share attributable to Class A and Class B common stockholders:
Basic$0.78 $0.58 $0.82 
Diluted$0.72 $0.53 $0.70 
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,
202420232022
Other share-based awards883 572 217 
Common stock warrants516 516 247 
Total1,399 1,088 464