XML 29 R19.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Net Income Per Share
 6 Months Ended
Jul. 31, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share for the periods presented:
Three Months Ended July 31, Six Months Ended July 31,
2024202320242023
Class AClass BClass AClass BClass AClass BClass AClass B
(in thousands, except share and per share data)
Numerator:
Net income, basic$186,687 $32,328 $153,573 $28,401 $370,754 $64,569 $166,420 $30,998 
Reallocation of net income(1,425)1,425 (1,468)1,468 (2,718)2,718 (1,662)1,662 
Net income, diluted$185,262 $33,753 $152,105 $29,869 $368,036 $67,287 $164,758 $32,660 
Denominator:
Weighted-average shares used in computing net income per share, basic263,506,853 45,630,954 252,413,018 46,680,434 263,100,802 45,820,808 250,603,102 46,678,744 
Weighted-average shares used in computing net income per share, diluted265,631,026 48,396,166 255,717,521 50,215,075 266,054,570 48,641,781 254,587,009 50,467,762 
Net income per share, basic$0.71 $0.71 $0.61 $0.61 $1.41 $1.41 $0.66 $0.66 
Net income per share, diluted$0.70 $0.70 $0.59 $0.59 $1.38 $1.38 $0.65 $0.65 
The potential shares of common stock that were excluded from the computation of diluted net income per share for the periods presented, because including them would have been anti-dilutive, are as follows:
Three Months Ended July 31, Six Months Ended July 31,
2024202320242023
Class AClass BClass AClass BClass AClass BClass AClass B
Unvested RSUs14,850,761 — 9,214,305 — 12,596,651 — 10,083,918 — 
Purchase rights committed under the ESPP2,436,546 — 2,347,590 — 1,738,415 — 2,208,209 — 
Outstanding stock options96,890 — 108,647 — 99,622 — 116,349 — 
Total17,384,197 — 11,670,542 — 14,434,688 — 12,408,476 — 
The table above does not include 405,156 shares of issued Class A common stock held by us as of July 31, 2024 and 2023 that are reserved for the sole purpose of being transferred to nonprofit organizations.