v3.22.4
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Revenue:        
Total revenue $ 297,456 $ 240,766 $ 844,055 $ 676,860
Cost of revenue:        
Amortization of acquired technology 3,889 3,944 11,669 11,638
Total cost of revenue 55,824 44,460 163,326 124,960
Gross profit 241,632 196,306 680,729 551,900
Operating expenses:        
Research and development 53,411 40,876 153,800 113,509
Sales and marketing 111,524 94,033 321,208 260,816
General and administrative 36,242 32,643 112,637 91,254
Amortization of other intangibles 6,573 7,539 19,719 22,618
Restructuring and other (5) 0 (15) 25
Total operating expenses 207,745 175,091 607,349 488,222
Income from operations 33,887 21,215 73,380 63,678
Interest expense, net (4,787) (2,450) (7,475) (7,958)
Other income (expense), net 1,617 (1,357) (1,847) (1,345)
Income before income taxes 30,717 17,408 64,058 54,375
Income tax expense (15,691) (2,821) (36,392) (2,853)
Net income $ 15,026 $ 14,587 $ 27,666 $ 51,522
Net income per share:        
Basic (in dollars per share) $ 0.05 $ 0.05 $ 0.10 $ 0.18
Diluted (in dollars per share) $ 0.05 $ 0.05 $ 0.10 $ 0.18
Weighted average shares outstanding:        
Basic (in shares) 287,957 284,722 287,120 283,773
Diluted (in shares) 291,228 291,845 290,803 290,895
Subscription        
Revenue:        
Total revenue $ 279,152 $ 226,290 $ 790,016 $ 635,411
Cost of revenue:        
Cost of revenues 36,891 28,284 105,393 80,401
License        
Revenue:        
Total revenue 0 2 0 52
Service        
Revenue:        
Total revenue 18,304 14,474 54,039 41,397
Cost of revenue:        
Cost of revenues $ 15,044 $ 12,232 $ 46,264 $ 32,921

Source