Net Loss per Share Attributable to Common Stockholders

12 Months Ended

Jan. 31, 2017

Net Loss per Share Attributable to Common Stockholders

Note 13. Net Loss per Share Attributable to Common Stockholders

Basic net loss per share attributable to common stockholders is calculated by dividing the net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period, without consideration for potentially dilutive securities as they do not share in losses. During periods when the Company is in a net loss position, basic net loss per share attributable to common stockholders is the same as diluted net loss per share attributable to common stockholders as the effects of potentially dilutive securities are antidilutive given the net loss of the Company.

The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders during the years ended January 31, 2017, 2016 and 2015 (in thousands, except per share amounts):

	January 31,
	2017			2016			2015
Numerator:
Net loss attributable to common stockholders	$	(37,607	)	$	(46,156	)	$	(27,300	)
Denominator:
Weighted-average common shares outstanding		19,988			4,704			2,999
Net loss per share attributable to common stockholders, basic and diluted	$	(1.88	)	$	(9.81	)	$	(9.10	)

Since the Company was in a loss position for all periods presented, basic net loss per share attributable to common stockholders 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:


	As of January 31,
	2017		2016		2015
Convertible preferred stock as converted		—		34,610,979		29,666,693
Options to purchase common stock		13,016,402		9,543,966		7,591,950
RSUs		77,883		62,500		—
Unvested common shares subject to repurchase		335,116		283,524		335,502
Shares committed under 2016 ESPP		144,685		—		—
Convertible preferred stock warrants		—		36,971		197,494
Total		13,574,086		44,537,940		37,791,639