Net Income per Share (Tables)

9 Months Ended

Oct. 31, 2019

Numerators and Denominators of the Basic and Diluted EPS Computations for Common Stock

The numerators and denominators of the basic and diluted EPS computations for our common stock are calculated as follows (in thousands, except per share data):



	Three months ended October 31,								Nine months ended October 31,
	2019				2018				2019				2018
	Class A		Class B		Class A		Class B		Class A		Class B		Class A		Class B
Basic
Numerator
Net income, basic	$	73,120	$	9,125	$	54,592	$	9,493	$	206,862	$	28,074	$	133,568	$	25,113
Denominator
Weighted average shares used in computing net income per share, basic	131,720		16,437		123,297		21,440		129,845		17,622		121,013		22,752
Net income per share, basic	$	0.56	$	0.56	$	0.44	$	0.44	$	1.59	$	1.59	$	1.10	$	1.10
Diluted
Numerator
Net income, basic	$	73,120	$	9,125	$	54,592	$	9,493	$	206,862	$	28,074	$	133,568	$	25,113
Reallocation as a result of conversion of Class B to Class A common stock:
Net income, basic	9,125		—		9,493		—		28,074		—		25,113		—
Reallocation of net income to Class B common stock	—		4,879		—		3,950		—		13,942		—		10,243
Net income, diluted	$	82,245	$	14,004	$	64,085	$	13,443	$	234,936	$	42,016	$	158,681	$	35,356
Denominator
Number of shares used for basic EPS computation	131,720		16,437		123,297		21,440		129,845		17,622		121,013		22,752
Conversion of Class B to Class A common stock	16,437		—		21,440		—		17,622		—		22,752		—
Effect of potentially dilutive common shares	10,593		10,593		11,288		11,288		10,657		10,657		11,941		11,941
Weighted average shares used in computing net income per share, diluted	158,750		27,030		156,025		32,728		158,124		28,279		155,706		34,693
Net income per share, diluted	$	0.52	$	0.52	$	0.41	$	0.41	$	1.49	$	1.49	$	1.02	$	1.02

Potential Common Share Equivalents Excluded where the Inclusion would be Anti-dilutive

Potential common share equivalents excluded where the inclusion would be anti-dilutive are as follows:



	Three months ended October 31,		Nine months ended October 31,
	2019	2018	2019	2018
Options and awards to purchase shares not included in the computation of diluted net income per share because their inclusion would be anti-dilutive	1,362,085	3,066,006	1,037,362	3,065,009