Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.23.2
Net Income (Loss) Per Share (Tables)
6 Months Ended
Jul. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share
The following table sets forth the computation of basic and diluted net income (loss) per share:
Three Months Ended July 31, Six Months Ended July 31,
(in thousands, except per share amounts) 2023 2022 2023 2022
Net income (loss) per share – basic:
Numerator:
Net income (loss) $ 10,485  $ (23,927) $ 13,293  $ (49,215)
Denominator:
Weighted-average shares outstanding used in computing net income (loss) per share, basic 268,900 258,785 267,271 257,860 
Net income (loss) per common share, basic $ 0.04  $ (0.09) $ 0.05  $ (0.19)
Net income (loss) per share – diluted:
Numerator:
Net income (loss) $ 10,485  $ (23,927) $ 13,293  $ (49,215)
Denominator:
Weighted-average shares outstanding used in computing net income (loss) per share, basic 268,900  258,785  267,271  257,860 
Weighted-average effect of diluted securities:
Stock options 11,259  —  11,128  — 
RSUs 3,069  —  4,072  — 
Common stock warrants 625  —  480  — 
Weighted-average shares outstanding used in computing net income (loss) per share, diluted 283,853  258,785  282,951  257,860 
Net income (loss) per common share, diluted $ 0.04  $ (0.09) $ 0.05  $ (0.19)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:
Three Months Ended July 31, Six Months Ended July 31,
(in thousands) 2023 2022 2023 2022
Stock options 2,591  38,117  6,705  38,117 
PSUs and other performance-based awards 1,330  2,295  1,330  2,295 
RSUs 650  8,679  692  8,679 
ESPP 164  139  321  139 
Warrants to purchase common stock —  2,500  —  2,500 
Total shares excluded from net income (loss) per share 4,735  51,730  9,048  51,730