v3.24.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenue:        
Total revenue $ 365,096 $ 297,456 $ 1,049,682 $ 844,055
Cost of revenue:        
Amortization of acquired technology 4,237 3,889 12,035 11,669
Total cost of revenue 67,869 55,824 194,580 163,326
Gross profit 297,227 241,632 855,102 680,729
Operating expenses:        
Research and development 80,102 54,531 220,468 156,847
Sales and marketing 132,723 112,292 385,445 323,313
General and administrative 43,232 34,354 127,075 107,485
Amortization of other intangibles 5,451 6,573 16,838 19,719
Restructuring and other (1) (5) (1) (15)
Total operating expenses 261,507 207,745 749,825 607,349
Income from operations 35,720 33,887 105,277 73,380
Interest income (expense), net 10,605 (4,787) 26,260 (7,475)
Other (expense) income, net (3,901) 1,617 (6,724) (1,847)
Income before income taxes 42,424 30,717 124,813 64,058
Income tax benefit (expense) 267 (15,691) (8,125) (36,392)
Net income $ 42,691 $ 15,026 $ 116,688 $ 27,666
Net income per share:        
Basic (in dollars per share) $ 0.14 $ 0.05 $ 0.40 $ 0.10
Diluted (in dollars per share) $ 0.14 $ 0.05 $ 0.39 $ 0.10
Weighted average shares outstanding:        
Basic (in shares) 294,869 287,957 293,295 287,120
Diluted (in shares) 299,246 291,228 298,335 290,803
Subscription        
Revenue:        
Total revenue $ 348,294 $ 279,152 $ 999,245 $ 790,016
Cost of revenue:        
Cost of revenues 46,888 36,891 134,584 105,393
Service        
Revenue:        
Total revenue 16,802 18,304 50,437 54,039
Cost of revenue:        
Cost of revenues $ 16,744 $ 15,044 $ 47,961 $ 46,264

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