Net Income Per Share Attributable to Common Stockholders (Tables)

9 Months Ended

Oct. 31, 2023

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 attributable to common stockholders for the periods presented:


	Three Months Ended October 31,								Nine Months Ended October 31,
	2023				2022				2023				2022
	Class A		Class B		Class A		Class B		Class A		Class B		Class A		Class B
	(in thousands, except share and per share data)
Numerator:
Net income	$	119,429	$	21,783	$	40,726	$	7,627	$	285,778	$	52,852	$	174,835	$	32,926
Less: undistributed earnings attributable to participating securities	—		—		—		—		—		—		—		(17)
Net income attributable to common stockholders, basic	$	119,429	$	21,783	$	40,726	$	7,627	$	285,778	$	52,852	$	174,835	$	32,909
Reallocation of net income attributable to common stockholders	(920)		920		(568)		568		(2,634)		2,634		(2,516)		2,516
Net income attributable to common stockholders, diluted	$	118,509	$	22,703	$	40,158	$	8,195	$	283,144	$	55,486	$	172,319	$	35,425
Denominator:
Weighted-average shares used in computing net income per share attributable to common stockholders, basic	255,832,539		46,660,643		248,917,590		46,619,436		252,365,545		46,672,454		250,595,877		47,169,971
Weighted-average shares used in computing net income per share attributable to common stockholders, diluted	260,488,614		49,901,291		250,803,759		51,182,582		256,573,508		50,278,682		253,217,436		52,056,376
Net income per share attributable to common stockholders, basic	$	0.47	$	0.47	$	0.16	$	0.16	$	1.13	$	1.13	$	0.70	$	0.70
Net income per share attributable to common stockholders, diluted	$	0.45	$	0.45	$	0.16	$	0.16	$	1.10	$	1.10	$	0.68	$	0.68

Schedule of Potential Shares of Common Stock Excluded from Computation of Diluted Net Income Per Share Attributable to Common Stockholders

The potential shares of common stock that 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, are as follows:


	Three Months Ended October 31,				Nine Months Ended October 31,
	2023		2022		2023		2022
	Class A	Class B	Class A	Class B	Class A	Class B	Class A	Class B
Unvested RSUs	7,869,069	—	12,741,748	—	9,345,635	—	7,656,321	—
Purchase rights committed under the ESPP	1,573,013	—	2,395,761	—	1,996,477	—	1,462,148	—
Outstanding stock options	102,711	—	124,547	—	111,803	—	75,984	—
Total	9,544,793	—	15,262,056	—	11,453,915	—	9,194,453	—