| 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:
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Three Months Ended October 31, |
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Nine Months Ended October 31, |
| (in thousands, except per share amounts) |
2023 |
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2022 |
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2023 |
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2022 |
| Net income (loss) per share – basic: |
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| Numerator: |
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| Net income (loss) |
$ |
16,967 |
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$ |
(5,860) |
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$ |
30,260 |
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$ |
(55,075) |
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| Denominator: |
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| Weighted-average shares outstanding used in computing net income (loss) per share, basic |
271,202 |
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260,285 |
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268,596 |
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258,677 |
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| Net income (loss) per common share, basic |
$ |
0.06 |
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$ |
(0.02) |
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$ |
0.11 |
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$ |
(0.21) |
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| Net income (loss) per share – diluted: |
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| Numerator: |
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| Net income (loss) |
$ |
16,967 |
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$ |
(5,860) |
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$ |
30,260 |
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$ |
(55,075) |
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| Denominator: |
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| Weighted-average shares outstanding used in computing net income (loss) per share, basic |
271,202 |
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260,285 |
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268,596 |
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258,677 |
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| Weighted-average effect of diluted securities: |
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| Stock options |
12,059 |
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— |
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12,067 |
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— |
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| RSUs |
4,072 |
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— |
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4,743 |
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— |
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| Common stock warrants |
742 |
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— |
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579 |
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— |
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| ESPP |
46 |
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— |
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— |
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— |
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| Weighted-average shares outstanding used in computing net income (loss) per share, diluted |
288,121 |
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260,285 |
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285,985 |
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258,677 |
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| Net income (loss) per common share, diluted |
$ |
0.06 |
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$ |
(0.02) |
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$ |
0.11 |
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$ |
(0.21) |
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| 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:
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Three Months Ended October 31, |
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Nine Months Ended October 31, |
| (in thousands) |
2023 |
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2022 |
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2023 |
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2022 |
| Stock options |
2,544 |
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36,033 |
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2,832 |
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36,033 |
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| PSUs and other performance-based awards |
780 |
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2,295 |
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780 |
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2,295 |
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| RSUs |
19 |
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9,202 |
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466 |
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9,202 |
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| ESPP |
— |
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409 |
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493 |
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409 |
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| Warrants to purchase common stock |
— |
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2,500 |
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— |
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2,500 |
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| Total shares excluded from net income (loss) per share |
3,343 |
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50,439 |
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4,571 |
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50,439 |
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