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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenue:        
Total revenue $ 218,072 $ 269,544 $ 626,012 $ 706,437
Cost of revenue:        
Total cost of revenue 43,624 56,802 137,072 172,157
Gross profit 174,448 212,742 488,940 534,280
Operating expenses:        
Research and development 37,023 42,558 117,655 129,932
Sales and marketing 69,124 66,994 209,070 209,435
General and administrative 23,109 25,533 73,975 75,584
Amortization of acquired intangible assets 12,533 13,818 37,790 41,500
Restructuring charges 0 89 0 1,803
Goodwill impairment 167,106 0 167,106 0
Gain on divestiture of a business 0 0 (3,806) 0
Total operating expenses 308,895 148,992 601,790 458,254
Income (loss) from operations (134,447) 63,750 (112,850) 76,026
Interest and other income (expense), net:        
Interest income 2,145 1,480 6,942 2,512
Interest expense (2,208) (2,914) (6,475) (7,021)
Other income (expense), net 792 (1,738) 805 (2,045)
Total interest and other income (expense), net 729 (3,172) 1,272 (6,554)
Income (loss) before income tax expense (benefit) (133,718) 60,578 (111,578) 69,472
Income tax expense (benefit) (1,141) 7,960 3,737 6,603
Net income (loss) $ (132,577) $ 52,618 $ (115,315) $ 62,869
Basic net income (loss) per share (in dollars per share) $ (1.87) $ 0.73 $ (1.61) $ 0.87
Diluted net income (loss) per share (in dollars per share) $ (1.87) $ 0.72 $ (1.61) $ 0.86
Weighted average common shares outstanding used in computing:        
Net income (loss) per share - basic (in shares) 71,077 71,744 71,577 72,015
Net income (loss) per share - diluted (in shares) 71,077 73,049 71,577 73,271
Product        
Revenue:        
Total revenue $ 95,832 $ 149,452 $ 271,038 $ 359,519
Cost of revenue:        
Total cost of revenue 15,251 25,281 48,006 77,967
Service        
Revenue:        
Total revenue 122,240 120,092 354,974 346,918
Cost of revenue:        
Total cost of revenue $ 28,373 $ 31,521 $ 89,066 $ 94,190