Net Income Per Share (Tables)

3 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):

	Three Months Ended June 30,
	2023		2022
Numerator:
Net income	$	38,188	$	2,114
Denominator:
Weighted average shares outstanding, basic	291,325		286,203
Dilutive effect of stock-based awards	5,062		3,821
Weighted average shares outstanding, diluted	296,387		290,024
Net income per share, basic	$	0.13	$	0.01
Net income per share, diluted	$	0.13	$	0.01

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

A summary of these weighted-average anti-dilutive common share equivalents is provided in the table below (in thousands):

	Three Months Ended June 30,
	2023	2022
Stock options	220	889
Unvested RSAs and RSUs	1,507	2,274
Shares committed under ESPP	13	10