Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue:        
Total revenue $ 226,354 $ 168,586 $ 436,094 $ 324,094
Cost of revenue:        
Amortization of acquired technology 3,864 3,830 7,694 7,656
Total cost of revenue 41,667 30,711 80,500 59,253
Gross profit 184,687 137,875 355,594 264,841
Operating expenses:        
Research and development 37,908 27,512 72,633 51,017
Sales and marketing 86,301 56,690 166,783 105,853
General and administrative 31,689 22,110 58,611 43,637
Amortization of other intangibles 7,539 8,686 15,079 17,372
Restructuring and other (1) 46 25 25
Total operating expenses 163,436 115,044 313,131 217,904
Income from operations 21,251 22,831 42,463 46,937
Interest expense, net (2,651) (3,602) (5,508) (7,715)
Other (expense) income, net (1,299) 199 12 218
Income before income taxes 17,301 19,428 36,967 39,440
Income tax benefit (expense) 6,340 (1,949) (32) (9,096)
Net income $ 23,641 $ 17,479 $ 36,935 $ 30,344
Net income per share:        
Basic (in dollars per share) $ 0.08 $ 0.06 $ 0.13 $ 0.11
Diluted (in dollars per share) $ 0.08 $ 0.06 $ 0.13 $ 0.11
Weighted average shares outstanding:        
Basic (in shares) 283,923 280,077 283,295 279,577
Diluted (in shares) 291,177 286,252 290,254 285,423
Subscription        
Revenue:        
Total revenue $ 212,601 $ 157,673 $ 409,121 $ 302,030
Cost of revenue:        
Cost of revenues 27,135 18,327 52,117 35,033
License        
Revenue:        
Total revenue 0 442 50 1,080
Service        
Revenue:        
Total revenue 13,753 10,471 26,923 20,984
Cost of revenue:        
Cost of revenues $ 10,668 $ 8,554 $ 20,689 $ 16,564