XML 29 R19.htm IDEA: XBRL DOCUMENT v3.24.3
Net Income Per Share
 9 Months Ended
Oct. 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 October 31,Nine Months Ended October 31,
2024202320242023
Class AClass BClass AClass BClass AClass BClass AClass B
(in thousands, except share and per share data)
Numerator:
Net income, basic$176,222 $30,828 $119,429 $21,783 $544,814 $97,559 $285,778 $52,852 
Reallocation of net income(1,076)1,076 (920)920 (3,746)3,746 (2,634)2,634 
Net income, diluted$175,146 $31,904 $118,509 $22,703 $541,068 $101,305 $283,144 $55,486 
Denominator:
Weighted-average shares used in computing net income per share, basic261,741,448 45,788,248 255,832,539 46,660,643 261,599,394 46,844,499 252,365,545 46,672,454 
Weighted-average shares used in computing net income per share, diluted265,777,344 48,413,925 260,488,614 49,901,291 264,913,871 49,600,373 256,573,508 50,278,682 
Net income per share, basic$0.67 $0.67 $0.47 $0.47 $2.08 $2.08 $1.13 $1.13 
Net income per share, diluted$0.66 $0.66 $0.45 $0.45 $2.04 $2.04 $1.10 $1.10 
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 October 31,Nine Months Ended October 31,
2024202320242023
Class AClass BClass AClass BClass AClass BClass AClass B
Unvested RSUs4,807,914 — 7,869,069 — 10,000,405 — 9,345,635 — 
Purchase rights committed under the ESPP1,267,606 — 1,573,013 — 1,581,479 — 1,996,477 — 
Outstanding stock options96,166 — 102,711 — 98,470 — 111,803 — 
Total6,171,686 — 9,544,793 — 11,680,354 — 11,453,915 — 
The table above does not include 405,156 shares of issued Class A common stock held by us as of October 31, 2024 and 2023 that are reserved for the sole purpose of being transferred to nonprofit organizations.