v3.22.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Revenue:        
Total revenue $ 240,766 $ 182,911 $ 676,860 $ 507,005
Cost of revenue:        
Amortization of acquired technology 3,944 3,831 11,638 11,487
Total cost of revenue 44,460 33,120 124,960 92,373
Gross profit 196,306 149,791 551,900 414,632
Operating expenses:        
Research and development 40,876 28,730 113,509 79,747
Sales and marketing 94,033 64,829 260,816 170,682
General and administrative 32,643 23,442 91,254 67,079
Amortization of other intangibles 7,539 8,685 22,618 26,057
Restructuring and other 0 (2) 25 23
Total operating expenses 175,091 125,684 488,222 343,588
Income from operations 21,215 24,107 63,678 71,044
Interest expense, net (2,450) (3,455) (7,958) (11,170)
Other (expense) income, net (1,357) 2,526 (1,345) 2,744
Income before income taxes 17,408 23,178 54,375 62,618
Income tax expense (2,821) (4,762) (2,853) (13,858)
Net income $ 14,587 $ 18,416 $ 51,522 $ 48,760
Net income per share:        
Basic (in dollars per share) $ 0.05 $ 0.07 $ 0.18 $ 0.17
Diluted (in dollars per share) $ 0.05 $ 0.06 $ 0.18 $ 0.17
Weighted average shares outstanding:        
Basic (in shares) 284,722 281,010 283,773 280,057
Diluted (in shares) 291,845 286,427 290,895 285,884
Subscription        
Revenue:        
Total revenue $ 226,290 $ 170,308 $ 635,411 $ 472,338
Cost of revenue:        
Cost of revenues 28,284 20,382 80,401 55,415
License        
Revenue:        
Total revenue 2 257 52 1,337
Service        
Revenue:        
Total revenue 14,474 12,346 41,397 33,330
Cost of revenue:        
Cost of revenues $ 12,232 $ 8,907 $ 32,921 $ 25,471

Source