|
(11) Net Loss Per Share
Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period, less the weighted-average unvested common stock subject to repurchase or forfeiture. Diluted net loss per share is computed by giving effect to all potential shares of common stock, including preferred stock, stock options, RSUs, and warrants, to the extent dilutive.
The following table sets forth the computation of historical basic and diluted net loss per share (in thousands, except per share data):
|
|
|
Three Months
Ended October 31, |
|
Nine Months
Ended October 31, |
|
|
|
|
2012 |
|
2011 |
|
2012 |
|
2011 |
|
|
Numerator: |
|
|
|
|
|
|
|
|
|
|
Net loss |
|
$ |
(5,474 |
) |
$ |
(3,560 |
) |
$ |
(30,519 |
) |
$ |
(9,716 |
) |
|
Denominator: |
|
|
|
|
|
|
|
|
|
|
Weighted-average common shares outstanding |
|
96,786 |
|
21,544 |
|
74,210 |
|
20,308 |
|
|
Less: Weighted-average unvested common shares subject to repurchase or forfeiture |
|
(115 |
) |
(324 |
) |
(259 |
) |
(239 |
) |
|
Weighted-average shares used to compute net loss per share, basic and diluted |
|
96,671 |
|
21,220 |
|
73,951 |
|
20,069 |
|
|
Net loss per share, basic and diluted |
|
$ |
(0.06 |
) |
$ |
(0.17 |
) |
$ |
(0.41 |
) |
$ |
(0.48 |
) |
Since we were in a net loss position for all periods presented, basic net loss per share is the same as diluted net loss per share for all periods as the inclusion of all potential common shares outstanding would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows (in thousands):
|
|
|
As of October 31, |
|
|
|
|
2012 |
|
2011 |
|
|
Shares subject to outstanding common stock options |
|
22,190 |
|
19,430 |
|
|
Shares subject to outstanding RSUs |
|
399 |
|
— |
|
|
Series A convertible preferred stock |
|
— |
|
20,400 |
|
|
Series B convertible preferred stock |
|
— |
|
20,304 |
|
|
Series C convertible preferred stock |
|
— |
|
16,026 |
|
|
Employee stock purchase plan |
|
623 |
|
— |
|
|
Shares subject to common stock warrants |
|
405 |
|
— |
|
|
Shares subject to preferred stock warrants |
|
— |
|
670 |
|
|
Total |
|
23,617 |
|
76,830 |
| |