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Net Income per Share Attributable to Common Stockholders (Tables)
9 Months Ended
Oct. 31, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in thousands, except per share amounts):

 

 

 

Three Months Ended October 31,

 

 

Nine Months Ended October 31,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

12,065

 

 

$

12,893

 

 

$

33,704

 

 

$

50,611

 

Accretion and dividend on series A convertible preferred stock

 

 

(4,285

)

 

 

(4,282

)

 

 

(12,825

)

 

 

(12,832

)

Undistributed earnings attributable to preferred stockholders

 

 

(885

)

 

 

(985

)

 

 

(2,373

)

 

 

(4,302

)

Net income attributable to common stockholders, basic and diluted

 

$

6,895

 

 

$

7,626

 

 

$

18,506

 

 

$

33,477

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares used to compute net income per share attributable to common stockholders, basic

 

 

144,383

 

 

 

143,479

 

 

 

144,572

 

 

 

144,275

 

Dilutive effect of awards issued under employee equity plans

 

 

3,453

 

 

 

4,234

 

 

 

3,821

 

 

 

3,009

 

Dilutive effect of shares related to the convertible senior notes

 

 

1,611

 

 

 

1,358

 

 

 

1,667

 

 

 

718

 

Weighted-average number of shares used to compute net income per share attributable to common stockholders, diluted

 

 

149,447

 

 

 

149,071

 

 

 

150,060

 

 

 

148,002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share attributable to common stockholders, basic

 

$

0.05

 

 

$

0.05

 

 

$

0.13

 

 

$

0.23

 

Net income per share attributable to common stockholders, diluted

 

$

0.05

 

 

$

0.05

 

 

$

0.12

 

 

$

0.23

 

Summary of Weighted Average Outstanding Shares Excluded from Computation of Diluted Net Income per Share Attributable to Common Stockholders

The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because the impact of including them would have been antidilutive (in thousands):

 

 

 

Three Months Ended October 31,

 

 

Nine Months Ended October 31,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Restricted stock units

 

 

1,177

 

 

 

729

 

 

 

567

 

 

 

269

 

Employee stock purchase plan

 

 

123

 

 

 

151

 

 

 

119

 

 

 

51

 

Shares related to convertible preferred stock

 

 

18,566

 

 

 

18,540

 

 

 

18,566

 

 

 

18,540

 

Shares related to the convertible senior notes

 

 

 

 

 

427

 

 

 

 

 

 

308

 

Total

 

 

19,866

 

 

 

19,847

 

 

 

19,252

 

 

 

19,168