| Net Income Per Share Attributable to Common Stockholders |
Net Income Per Share Attributable to Common Stockholders The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended January 31, | | | | | | 2023 | | 2022 | | 2021 | | | | | | | | | | Class A | | Class B | | Class A | | Class B | | Class A | | Class B | | | | | | | | | | | | | | | | | | | | | | Numerator: | | | | | | | | (in thousands, except share and per share data) | | Net income | | | | | | | | | $ | 87,246 | | | $ | 16,465 | | | $ | 1,105,368 | | | $ | 270,271 | | | $ | 432,968 | | | $ | 239,348 | | | | | | | | | | | | | | | | | | | | | | | Less: undistributed earnings attributable to participating securities | | | | | | | | | — | | | (7) | | | — | | | (582) | | | — | | | (789) | | | Net income attributable to common stockholders, basic | | | | | | | | | $ | 87,246 | | | $ | 16,458 | | | $ | 1,105,368 | | | $ | 269,689 | | | $ | 432,968 | | | $ | 238,559 | | | Reallocation of net income attributable to common stockholders | | | | | | | | | (1,205) | | | 1,205 | | | (23,891) | | | 23,891 | | | (14,321) | | | 14,321 | | | Net income attributable to common stockholders, diluted | | | | | | | | | $ | 86,041 | | | $ | 17,663 | | | $ | 1,081,477 | | | $ | 293,580 | | | $ | 418,647 | | | $ | 252,880 | | | Denominator: | | | | | | | | | | | | | | | | | | | | Weighted-average shares used in computing net income per share attributable to common stockholders, basic | | | | | | | | | 249,494,904 | | | 47,065,597 | | | 238,214,936 | | | 58,119,958 | | | 183,015,245 | | | 100,838,409 | | Weighted-average shares used in computing net income per share attributable to common stockholders, diluted | | | | | | | | | 252,413,234 | | | 51,818,116 | | | 240,531,470 | | | 65,295,035 | | | 185,860,412 | | | 112,267,257 | | Net income per share attributable to common stockholders, basic | | | | | | | | | $ | 0.35 | | | $ | 0.35 | | | $ | 4.64 | | | $ | 4.64 | | | $ | 2.37 | | | $ | 2.37 | | Net income per share attributable to common stockholders, diluted | | | | | | | | | $ | 0.34 | | | $ | 0.34 | | | $ | 4.50 | | | $ | 4.50 | | | $ | 2.25 | | | $ | 2.25 | |
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 anti-dilutive are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended January 31, | | | | | | 2023 | | 2022 | | 2021 | | | | | | | | | | Class A | | Class B | | Class A | | Class B | | Class A | | Class B | | | | | | | | | | | | | | | | | | | | | | Outstanding stock options | | | | | | | | | 88,019 | | | — | | | — | | | — | | | 51,444 | | | — | | | Unvested RSUs | | | | | | | | | 9,228,633 | | | — | | | 1,015,860 | | | — | | | 98,941 | | | — | | Purchase rights committed under the ESPP | | | | | | | | | 1,674,853 | | | — | | | 241,107 | | | — | | | 14,951 | | | — | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | 10,991,505 | | | — | | | 1,256,967 | | | — | | | 165,336 | | | — | |
For the years ended January 31, 2023, 2022, and 2021, the table above does not include 405,156 of issued Class A common stock held by us that are reserved for the sole purpose of being transferred to nonprofit organizations.
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