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Net Income Per Share
9 Months Ended
Oct. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The Company has two classes of common stock: Class A common stock and Class B common stock. The rights of the holders of Class A common stock and Class B common stock are identical, except with respect to voting, conversion and transfer rights. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net income per share attributable to common stockholders are, therefore, the same for both Class A and Class B common stock on both an individual and combined basis.
Basic net income per share is computed by dividing net income attributable to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) for the period. Diluted net income per share is calculated by giving effect to all potential dilutive common stock equivalents, which includes stock options, restricted stock units and other awards.
The following table sets forth the computation of basic and diluted net income per share:
Three Months Ended October 31, Nine Months Ended October 31,
(in thousands, except per share data)
2025202420252024
Net income per share – basic:
Numerator:
Net income$2,904 $10,455 $13,951 $22,930 
Denominator:
Weighted-average shares outstanding used in computing net income per share, basic
244,916253,807251,934262,030 
Net income per common share, basic
$0.01 $0.04 $0.06 $0.09 
Net income per share – diluted:
Numerator:
Net income$2,904 $10,455 $13,951 $22,930 
Denominator:
Weighted-average shares outstanding used in computing net income per share, basic
244,916 253,807 251,934 262,030 
Weighted-average effect of diluted securities:
Stock options4,297 5,701 5,036 8,024 
PSUs1,145 — 1,407 — 
RSUs1,696 2,464 1,889 4,971 
Common stock warrants— — — 68 
ESPP— — — 16 
Weighted-average shares outstanding used in computing net income per share, diluted
252,054 261,972 260,266 275,109 
Net income per common share, diluted
$0.01 $0.04 $0.05 $0.08 
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 October 31, Nine Months Ended October 31,
(in thousands)2025202420252024
Stock options4,309 5,909 3,709 5,127 
PSUs
727 780 727 780 
RSUs3,625 7,156 8,082 2,300 
ESPP335 16 335 — 
Warrants to purchase common stock— 628 — — 
Total shares excluded from net income per share
8,996 14,489 12,853 8,207