Net Loss Per Share Applicable To Common Stockholders

12 Months Ended

Apr. 30, 2013

Net Loss Per Share Applicable To Common Stockholders

13. Net Loss Per Share Applicable To Common Stockholders

The following table sets forth the computations of loss per share applicable to common stockholders for the years ended April 30, 2013, 2012 and 2011 (in thousands, except per share data):

	Year Ended April 30,
	2013			2012			2011
Net loss	$	(63,752	)	$	(24,329	)	$	(20,057	)
Less accretion of redeemable convertible preferred stock		—			(38	)		(46	)
Net loss applicable to common stockholders	$	(63,752	)	$	(24,367	)	$	(20,103	)
Net loss per share applicable to common stockholders, basic and diluted	$	(0.92	)	$	(0.92	)	$	(1.13	)
Weighted average number of shares outstanding, basic and diluted		69,336			26,403			17,790
Potentially dilutive securities (1):
Outstanding stock options		5,718			6,241			3,941
Redeemable convertible preferred shares		—			22,714			27,897
Restricted shares		67			1			—

⁽¹⁾  The impact of potentially dilutive securities on earnings per share is anti-dilutive in a period of net loss.

All of the outstanding shares of redeemable convertible preferred stock were automatically converted into shares of common stock upon the consummation of the Company’s initial public offering.