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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Revenue:        
Total revenue $ 252,019 $ 218,072 $ 617,692 $ 626,012
Cost of revenue:        
Total cost of revenue 46,612 43,624 133,038 137,072
Gross profit 205,407 174,448 484,654 488,940
Operating expenses:        
Research and development 37,753 37,023 116,127 117,655
Sales and marketing 69,933 69,124 201,489 209,070
General and administrative 23,484 23,109 72,807 73,975
Amortization of acquired intangible assets 11,601 12,533 34,857 37,790
Restructuring charges 923 0 19,895 0
Goodwill impairment 0 167,106 426,967 167,106
Gain on divestiture of a business 0 0 0 (3,806)
Total operating expenses 143,694 308,895 872,142 601,790
Income (loss) from operations 61,713 (134,447) (387,488) (112,850)
Interest and other income (expense), net:        
Interest income 2,533 2,145 8,177 6,942
Interest expense (2,649) (2,208) (6,395) (6,475)
Other income (expense), net (4,222) 792 1,711 805
Total interest and other income (expense), net (4,338) 729 3,493 1,272
Income (loss) before income tax expense (benefit) 57,375 (133,718) (383,995) (111,578)
Income tax expense (benefit) 8,565 (1,141) 1,544 3,737
Net income (loss) $ 48,810 $ (132,577) $ (385,539) $ (115,315)
Basic net income (loss) per share (in dollars per share) $ 0.68 $ (1.87) $ (5.39) $ (1.61)
Diluted net income (loss) per share (in dollars per share) $ 0.67 $ (1.87) $ (5.39) $ (1.61)
Weighted average common shares outstanding used in computing:        
Net income (loss) per share - basic (in shares) 71,737 71,077 71,551 71,577
Net income (loss) per share - diluted (in shares) 72,569 71,077 71,551 71,577
Product        
Revenue:        
Total revenue $ 128,175 $ 95,832 $ 270,377 $ 271,038
Cost of revenue:        
Total cost of revenue 16,362 15,251 41,806 48,006
Service        
Revenue:        
Total revenue 123,844 122,240 347,315 354,974
Cost of revenue:        
Total cost of revenue $ 30,250 $ 28,373 $ 91,232 $ 89,066