Basic and diluted net income per share attributable to CrowdStrike’s common stockholders is computed in conformity with the two-class method required for participating securities. Basic net income per share attributable to CrowdStrike common stockholders is computed by dividing the net income attributable to CrowdStrike by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share attributable to CrowdStrike common stockholders is calculated by dividing net income by the combination of the weighted-average number of common shares outstanding and the effect of the weighted-average number of dilutive common share equivalents during the period. The dilutive potential shares of common stock are comprised of outstanding stock options, RSUs, PSUs, Special PSUs, ESPP obligations, and founder holdbacks, and are computed using the treasury stock method. The effects of the outstanding stock options, RSUs, PSUs, Special PSUs, ESPP obligations, and founders holdbacks are excluded from the computation of the diluted net income per share in periods in which the effect would be anti-dilutive.

The rights of the holders of Class A and Class B common stock are identical, except with the respect to voting and conversion rights. As such, the undistributed earnings are allocated equally to each share of common stock without class distinction and the resulting basic and diluted net income per share attributable to CrowdStrike common stockholders are the same for shares of Class A and Class B common stock.


	Three Months Ended July 31,				Six Months Ended July 31,
	2024		2023		2024		2023
Numerator:
Net income attributable to CrowdStrike	$	47,013	$	8,472	$	89,833	$	8,963
Denominator:
Weighted-average shares used in computing net income per share attributable to CrowdStrike common stockholders, basic	244,091		237,911		243,249		237,174
Dilutive effect of common stock equivalents	7,174		4,233		7,475		4,209
Weighted-average shares used in computing net income per share attributable to CrowdStrike common stockholders, dilutive	251,265		242,144		250,724		241,383
Net income per share attributable to CrowdStrike common stockholders, basic	$	0.19	$	0.04	$	0.37	$	0.04
Net income per share attributable to CrowdStrike common stockholders, diluted	$	0.19	$	0.03	$	0.36	$	0.04

The potential shares of common stock that were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because including them would have been antidilutive are as follows (in thousands):


	July 31, 2024	July 31, 2023

RSUs and PSUs subject to future vesting	117	3,960

Share purchase rights under the Employee Stock Purchase Plan	1	100
Potential common shares excluded from diluted net income per share	118	4,060

The above table excludes founder holdbacks related to business combinations where a variable number of shares will be issued upon vesting to settle a fixed monetary amount of $20.2 million, contingent upon continued employment with the Company. The share price will be determined based on the Company’s average stock price or the volume weighted average stock price five days prior to each vesting date. During the three and six months ended July 31, 2024, 2,295 shares and 5,040 shares, respectively, were issued to settle founder holdbacks at a weighted average price of $387.30 per share and $352.72 per share, respectively.