v3.24.3
Net Income Per Share (Tables)
3 Months Ended
Oct. 31, 2024
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted net income per share of common stock
The following table presents the computation of basic and diluted net income per share of common stock (in millions, except per share data):
Three Months Ended October 31,
20242023
Net income
$350.7 $194.2 
Weighted-average shares used to compute net income per share, basic
326.8 310.1 
Weighted-average effect of potentially dilutive securities:
Convertible senior notes5.9 11.6 
Warrants related to the issuance of convertible senior notes12.2 16.0 
Employee equity incentive plans9.6 12.1 
Weighted-average shares used to compute net income per share, diluted
354.5 349.8 
Net income per share, basic
$1.07 $0.63 
Net income per share, diluted
$0.99 $0.56 
Schedule of antidilutive securities excluded from the computation of net income per share
The following securities were excluded from the computation of diluted net income per share of common stock as their effect would have been antidilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the applicable period (in millions):
Three Months Ended October 31,
20242023
Employee equity incentive plans1.6 2.6