v3.19.1
Net income per share
3 Months Ended
Apr. 30, 2019
Earnings Per Share [Abstract]  
Net income per share
Net income per share
The following table sets forth the computation of basic and diluted net income per share:
(in thousands, except per share data)
 
Three months ended April 30,
 
 
2019

 
2018

Numerator (basic and diluted):
 
 
 
 
Net income
 
$
41,822

 
$
22,577

Denominator (basic):
 
 
 
 
Weighted-average common shares outstanding
 
62,326

 
61,170

Denominator (diluted):
 
 
 
 
Weighted-average common shares outstanding
 
62,326

 
61,170

Weighted-average dilutive effect of stock options and restricted stock units
 
1,575

 
1,523

Diluted weighted-average common shares outstanding
 
63,901

 
62,693

Net income per share:
 
 
 
 
Basic
 
$
0.67

 
$
0.37

Diluted
 
$
0.65

 
$
0.36


For the three months ended April 30, 2019 and 2018, approximately 0.2 million shares attributable to stock options and restricted stock units were excluded from the calculation of diluted earnings per share as their inclusion would have been anti-dilutive.