v3.23.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Revenue:      
Total revenue $ 1,158,530 $ 929,445 $ 703,509
Cost of revenue:      
Amortization of acquired technology 15,564 15,513 15,317
Total cost of revenue 222,891 172,876 127,708
Gross profit 935,639 756,569 575,801
Operating expenses:      
Research and development 218,349 156,342 111,415
Sales and marketing 448,015 362,116 245,487
General and administrative 150,031 126,622 92,219
Amortization of other intangibles 26,292 30,157 34,744
Restructuring and other 141 25 40
Total operating expenses 842,828 675,262 483,905
Income from operations 92,811 81,307 91,896
Interest expense, net (3,409) (10,192) (14,205)
Other income, net 565 544 162
Income before income taxes 89,967 71,659 77,853
Income tax benefit (expense) 17,992 (19,208) (2,139)
Net income $ 107,959 $ 52,451 $ 75,714
Net income per share:      
Net income (loss) per share, basic (in dollars per share) $ 0.38 $ 0.18 $ 0.27
Net income (loss) per share, diluted (in dollars per share) $ 0.37 $ 0.18 $ 0.26
Weighted average shares outstanding:      
Weighted average shares outstanding, basic (in shares) 287,700 284,161 280,469
Weighted average shares outstanding, diluted (in shares) 291,617 290,903 286,509
Subscription      
Revenue:      
Total revenue $ 1,083,330 $ 870,439 $ 656,626
Cost of revenue:      
Cost of revenues 144,445 111,646 77,488
Service      
Revenue:      
Total revenue 75,200 59,006 46,883
Cost of revenue:      
Cost of revenues $ 62,882 $ 45,717 $ 34,903

Source