Net Income Per Share (Tables)

6 Months Ended

Jul. 31, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:

	Three Months Ended July 31,				Six Months Ended July 31,
(in thousands, except per share data)	2024		2023		2024		2023
Net income per share – basic:
Numerator:
Net income	$	1,841	$	10,485	$	12,475	$	13,293
Denominator:
Weighted-average shares outstanding used in computing net income per share, basic	260,830		268,900		266,187		267,271
Net income per common share, basic	$	0.01	$	0.04	$	0.05	$	0.05
Net income per share – diluted:
Numerator:
Net income	$	1,841	$	10,485	$	12,475	$	13,293
Denominator:
Weighted-average shares outstanding used in computing net income per share, basic	260,830		268,900		266,187		267,271
Weighted-average effect of diluted securities:
Stock options	7,953		11,259		9,021		11,128
RSUs	3,057		3,069		4,167		4,072
Common stock warrants	94		625		320		480
Weighted-average shares outstanding used in computing net income per share, diluted	271,934		283,853		279,695		282,951
Net income per common share, diluted	$	0.01	$	0.04	$	0.04	$	0.05

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

	Three Months Ended July 31,		Six Months Ended July 31,
(in thousands)	2024	2023	2024	2023
Stock options	5,364	2,591	5,171	6,705
PSUs	780	1,330	780	1,330
RSUs	3,212	650	1,426	692
ESPP	84	164	92	321
Total shares excluded from net income per share	9,440	4,735	7,469	9,048