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Net Income Per Share Attributable to Common Stockholders
12 Months Ended
Mar. 31, 2025
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,
202520242023
Numerator
Net income$223,185 $147,582 $112,818 
Denominator
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, basic
186,841 190,172 193,176 
Dilutive effect of stock options13,021 15,346 20,027 
Dilutive effect of common stock warrants— 72 139 
Dilutive effect of other share-based awards1,346 144 83 
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders, diluted
201,208 205,734 213,425 
Net income per share attributable to Class A and Class B common stockholders:
Basic$1.19 $0.78 $0.58 
Diluted$1.11 $0.72 $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):
Fiscal Year Ended March 31,
202520242023
Other share-based awards102 883 572 
Common stock warrants379 516 516 
Total481 1,399 1,088 
Other share-based awards consist of RSUs, PSUs, and ESPP rights.