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Net Income (Loss) Per Share Attributable to Common Stockholders (Tables)
9 Months Ended
Sep. 30, 2012
Calculation of Basic and Diluted Net Income (Loss) Per Share Attributable to Common Stockholders

The following tables present the calculation of basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except share and per share data):

 

    Fiscal Years Ended June 30,     Six Months Ended
December 31,
    Nine Months Ended
September 30,
 
    2009     2010     2011     2010     2011     2011     2012  
                      (Unaudited)           (Unaudited)  

Numerator:

             

Net income (loss)

  $ (5,906   $ (29,705   $ 9,830      $ 4,803      $ (6,684   $ 5,148      $ (27,417

Accretion of redeemable convertible preferred stock

    (625     (640     (633     (320     (312     (471     (308

Net income attributable to participating securities

                  (7,558     (3,721            (3,788       
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) attributable to common stockholders—basic

  $ (6,531   $ (30,345   $ 1,639      $ 762      $ (6,996   $ 889      $ (27,725
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Undistributed earnings reallocated to participating securities

  $      $      $ 671      $ 349      $      $ 361      $   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) attributable to common stockholders— diluted

  $ (6,531   $ (30,345   $ 2,310      $ 1,111      $ (6,996   $ 1,250      $ (27,725
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

             

Weighted-average shares outstanding Basic

    39,039,066        23,157,576        18,163,977        17,156,445        21,104,219        19,695,440        57,089,411   

Effect of potentially dilutive securities:

             

Common stock options

                  9,931,509        10,465,912               10,917,099          
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average shares outstanding Diluted

    39,039,066        23,157,576        28,095,486        27,622,357        21,104,219        30,612,539        57,089,411   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) per share attributable to common stockholders:

             

Basic

  $ (0.17   $ (1.31   $ 0.09      $ 0.04      $ (0.33   $ 0.05      $ (0.49
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

  $ (0.17   $ (1.31   $ 0.08      $ 0.04      $ (0.33   $ 0.04      $ (0.49
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of Potentially Dilutive Securities

Potentially dilutive securities not included in the calculation of diluted net income (loss) per share because doing so would be antidilutive are as follows:

 

    Fiscal Years Ended June 30,     Six Months Ended
December 31,
    Nine Months Ended
September 30,
 
    2009     2010     2011     2010     2011     2011     2012  
                      (Unaudited)           (Unaudited)  

Common stock options

    19,164,000        16,520,984        7,635,190        7,890,844        39,601,640        8,548,888        37,279,442   

Warrants

    414,816                                             

Convertible preferred stock

    59,777,936        83,703,016        83,703,016        83,703,016        83,703,016        83,703,016          

Restricted stock units

                                              1,134,851   

Common stock subject to repurchase

                  83,551               578,616        288,350        349,165   

ESPP obligations

                                              468,704   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total potentially dilutive securities

    79,356,752        100,224,000        91,421,757        91,593,860        123,883,272        92,540,254        39,232,162