v3.24.1.1.u2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Revenue:      
Total revenue $ 1,430,530 $ 1,158,530 $ 929,445
Cost of revenue:      
Amortization of acquired technology 16,265 15,564 15,513
Total cost of revenue 266,453 222,891 172,876
Gross profit 1,164,077 935,639 756,569
Operating expenses:      
Research and development 304,739 218,349 156,342
Sales and marketing 534,233 448,015 362,116
General and administrative 174,412 150,172 126,647
Amortization of other intangibles 22,293 26,292 30,157
Total operating expenses 1,035,677 842,828 675,262
Income from operations 128,400 92,811 81,307
Interest income (expense), net 37,284 (3,409) (10,192)
Other (expense) income, net (10,769) 565 544
Income before income taxes 154,915 89,967 71,659
Income tax (expense) benefit (283) 17,992 (19,208)
Net income $ 154,632 $ 107,959 $ 52,451
Net income per share:      
Basic (in dollars per share) $ 0.53 $ 0.38 $ 0.18
Diluted (in dollars per share) $ 0.52 $ 0.37 $ 0.18
Weighted average shares outstanding:      
Basic (in shares) 294,051 287,700 284,161
Diluted (in shares) 299,280 291,617 290,903
Subscription      
Revenue:      
Total revenue $ 1,359,354 $ 1,083,330 $ 870,439
Cost of revenue:      
Cost of revenues 184,765 144,445 111,646
Service      
Revenue:      
Total revenue 71,176 75,200 59,006
Cost of revenue:      
Cost of revenues $ 65,423 $ 62,882 $ 45,717

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