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Stock-Based Compensation (Tables)
 3 Months Ended
Jul. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
A summary of the Company’s option activity during the three months ended July 31, 2024 is as follows:
Options Outstanding
Number of
Stock Options
Outstanding		Weighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Life (years)		Aggregate
Intrinsic
Value
(in thousands)(in thousands)
Balance as of April 30, 202431,328 $13.97 5.68$268,167 
Options granted61 22.69 
Options exercised(434)29.44 
Options cancelled(341)14.39 
Balance as of July 31, 202430,614 $14.08 5.41$387,878 
Vested and exercisable as of July 31, 202424,625 $10.97 5.02$388,590 
Vested and expected to vest as of July 31, 202430,614 $14.08 5.41$387,878 
Schedule of Valuation Assumptions The weighted average assumptions underlying the fair value estimation are provided in the following table:
Three Months Ended July 31,
20242023
Valuation assumptions:
Expected dividend yield— %— %
Expected volatility65.5 %— %
Expected term (years)6.5— 
Risk-free interest rate4.6 %— %
Schedule of Restricted Stock Unit Activity
A summary of the Company’s RSU activity during the three months ended July 31, 2024 is as follows:
RSUs Outstanding
Number of RSUsWeighted Average
Grant Date Fair Value
Per Share
(in thousands)
Unvested Balance as of April 30, 202419,283 $24.26 
RSUs granted4,687 29.57 
RSUs vested(2,176)30.28 
RSUs forfeited(1,330)27.79 
Unvested Balance as of July 31, 202420,464 $24.74 
Summary of Effects of Stock-Based Compensation
The following table summarizes the effects of stock-based compensation on the Company’s condensed consolidated statements of operations (in thousands):
Three Months Ended July 31,
20242023
Cost of subscription$7,694 $8,056 
Cost of professional services714 460 
Sales and marketing18,833 16,779 
Research and development18,431 17,033 
General and administrative9,011 8,552 
Total stock-based compensation expense$54,683 $50,880