Net Income Per Share Attributable to Common Stockholders

3 Months Ended

Apr. 30, 2026

Earnings Per Share [Abstract]

Net Income Per Share Attributable to Common Stockholders

Net Income Per Share Attributable to Common Stockholders

The Company computes basic net income per share using the weighted average number of common shares outstanding. The Company computes diluted net income per share using the weighted average number of common shares outstanding plus the effect of potentially dilutive shares using the treasury stock method or the if-converted method depending on the arrangement.

The following table sets forth the computation of the basic and diluted net income per share attributable to common stockholders:

	Three months ended April 30,
(in thousands, except share and per share data)	2026		2025
Basic net income per share:
Numerator:
Net income, basic	$	2,625	$	770
Denominator:
Weighted-average common shares outstanding, basic	111,725,486		125,651,595
Net income per share:
Net income per share attributable to common stockholders, basic	$	0.02	$	0.01
Diluted net income per share:
Numerator:
Net income, diluted	$	2,625	$	770
Denominator:
Number of shares used in basic calculation	111,725,486		125,651,595
Dilutive effect of employee stock-based awards	1,231,983		4,239,967
Dilutive effect of incentive pool	—		1,380,555
Weighted-average common shares outstanding, diluted	112,957,469		131,272,117
Net income per share attributable to common stockholders, diluted	$	0.02	$	0.01

Anti-dilutive common equivalent shares that have been excluded from diluted net income per share were as follows:

	Three months ended April 30,
	2026	2025
Options to purchase common stock	521,964	682,667
Restricted stock and restricted stock units	5,238,920	9,690,900
Performance-based restricted stock units	8,685,522	1,390,000
Total anti-dilutive common equivalent shares	14,446,406	11,763,567

The earnout arrangement and incentive pool entered into in connection with the acquisition of Hearsay represent liability-classified arrangements that may be settled in cash or shares at the Company's election. Diluted net income per share includes the effect of the potential share settlement associated with these arrangements when such effects are dilutive. For both the three months ended April 30, 2026 and 2025, diluted net income per share excluded the effect of the earnout arrangement as it was anti-dilutive. See Note 4 "Business Combinations" to the condensed consolidated financial statements for additional information related to the earnout and incentive pool.