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Net Income per Share Attributable to Common Stockholders (Tables)
3 Months Ended
Apr. 30, 2016
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 EPS computations for our common stock are calculated as follows (in thousands, except per share data):

 

 

Three Months Ended April 30,

 

 

2016

 

 

2015

 

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

8,404

 

 

$

4,105

 

 

$

6,837

 

 

$

6,145

 

Undistributed earnings allocated to participating securities

 

(3

)

 

 

(1

)

 

 

(9

)

 

 

(9

)

Net income attributable to common stockholders, basic

$

8,401

 

 

$

4,104

 

 

$

6,828

 

 

$

6,136

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing net income per

   share attributable to common stockholders, basic

 

90,020

 

 

 

43,976

 

 

 

69,078

 

 

 

62,085

 

Net income per share attributable to common stockholders, basic

$

0.09

 

 

$

0.09

 

 

$

0.10

 

 

$

0.10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders, basic

$

8,401

 

 

$

4,104

 

 

$

6,828

 

 

$

6,136

 

Reallocation as a result of conversion of Class B to Class A

   common stock:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders, basic

 

4,104

 

 

 

 

 

 

6,136

 

 

 

 

Reallocation of net income to Class B common stock

 

 

 

 

675

 

 

 

 

 

 

640

 

Net income attributable to common stockholders, diluted

$

12,505

 

 

$

4,779

 

 

$

12,964

 

 

$

6,776

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of shares used for basic EPS computation

 

90,020

 

 

 

43,976

 

 

 

69,078

 

 

 

62,085

 

Conversion of Class B to Class A common stock

 

43,976

 

 

 

 

 

 

62,085

 

 

 

 

Effect of potentially dilutive common shares

 

11,712

 

 

 

11,712

 

 

 

13,571

 

 

 

13,571

 

Weighted average shares used in computing net income per

   share attributable to common stockholders, diluted

 

145,708

 

 

 

55,688

 

 

 

144,734

 

 

 

75,656

 

Net income per share attributable to common stockholders,

   diluted

$

0.09

 

 

$

0.09

 

 

$

0.09

 

 

$

0.09

 

 

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

April 30,

 

 

2016

 

 

2015

 

Options and awards to purchase shares not included in the computation of diluted net

   income per share because their inclusion would be anti-dilutive

 

1,489,703

 

 

 

643,638