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Net Income per Share (Tables)
6 Months Ended
Jul. 31, 2022
Earnings Per Share [Abstract]  
Numerators and Denominators of the Basic and Diluted EPS Computations for Common Stock
The numerators and denominators of the basic and diluted net income per share computations for our common stock are calculated as follows (in thousands, except per share data):
Three months ended July 31,Six months ended July 31,
2022202120222021
Class AClass B
Class A
Class B
Class AClass BClass AClass B
Basic
Numerator
Net income, basic$81,966 $8,635 $98,355 $10,503 $172,517 $18,199 $202,685 $21,740 
Denominator
Weighted average shares used in computing net income per share, basic140,185 14,766 138,320 14,770 139,971 14,765 137,970 14,798 
Net income per share, basic$0.58 $0.58 $0.71 $0.71 $1.23 $1.23 $1.47 $1.47 
Diluted
Numerator
Net income, basic$81,966 $8,635 $98,355 $10,503 $172,517 $18,199 $202,685 $21,740 
Reallocation as a result of conversion of Class B to Class A common stock:
Net income, basic8,635 — 10,503 — 18,199 — 21,740 — 
Reallocation of net income to Class B common stock— 3,630 — 5,846 — 8,241 — 12,297 
Net income, diluted$90,601 $12,265 $108,858 $16,349 $190,716 $26,440 $224,425 $34,037 
Denominator
Number of shares used for basic net income per share computation140,185 14,766 138,320 14,770 139,971 14,765 137,970 14,798 
Conversion of Class B to Class A common stock14,766 — 14,770 — 14,765 — 14,798 — 
Effect of potentially dilutive common shares7,181 7,181 9,675 9,675 7,763 7,763 9,868 9,868 
Weighted average shares used in computing net income per share, diluted162,132 21,947 162,765 24,445 162,499 22,528 162,636 24,666 
Net income per share, diluted$0.56 $0.56 $0.67 $0.67 $1.17 $1.17 $1.38 $1.38 
Potential Common Share Equivalents Excluded where the Inclusion would be Anti-dilutive
Potential common share equivalents excluded where the inclusion would be anti-dilutive are as follows:
Three months ended July 31,Six months ended July 31,
2022202120222021
Options and awards to purchase shares not included in the computation of diluted net income per share because their inclusion would be anti-dilutive5,062,172 1,130,487 3,150,419 732,386