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Net Income per Share Attributable to Common Stockholders
6 Months Ended
Aug. 03, 2025
Earnings Per Share [Abstract]  
Net Income per Share Attributable to Common Stockholders Net Income per Share Attributable to Common Stockholders
Basic and diluted net income per share attributable to common stockholders is presented in conformity with the two-class method required for participating securities. Basic net income per share attributable to common stockholders is computed by dividing the net income attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period, less shares subject to repurchase. Diluted net income per share attributable to common stockholders is computed by giving effect to all potentially dilutive common stock equivalents, including our outstanding stock options, common stock related to unvested RSUs, PRSUs, and LTP Awards, and common stock issuable pursuant to the ESPP.
The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders (in thousands, except per share data):
 
Second Quarter of Fiscal
First Two Quarters of Fiscal
 2025202620252026
Numerator:
Net income$35,674 $47,118 $665 $33,123 
Denominator:
Weighted-average shares used in computing net income per share attributable to common stockholders, basic326,326 327,594 324,458 327,066 
Add: Dilutive effect of common stock equivalents17,117 10,140 17,051 10,240 
Weighted-average shares used in computing net income per share attributable to common stockholders, diluted343,443 337,734 341,509 337,306 
Net income per share attributable to common stockholders, basic$0.11 $0.14 $0.00 $0.10 
Net income per share attributable to common stockholders, diluted$0.10 $0.14 $0.00 $0.10 
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 including them would have been anti-dilutive (in thousands):
 
 
Second Quarter of Fiscal
First Two Quarters of Fiscal
 2025202620252026
Unvested RSUs and PRSUs
429 676 215 746