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Net Loss per Share Attributable to Common Stockholders
6 Months Ended
Jul. 31, 2017
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to Common Stockholders

Note 10. 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 three and six months ended July 31, 2017 and 2016 (in thousands, except per share amounts):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

July 31,

 

 

July 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(13,742

)

 

$

(12,438

)

 

$

(23,780

)

 

$

(24,305

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

52,749

 

 

 

5,826

 

 

 

51,681

 

 

 

5,721

 

Net loss per share attributable to common

   stockholders, basic and diluted

 

$

(0.26

)

 

$

(2.13

)

 

$

(0.46

)

 

$

(4.25

)

 

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 July 31,

 

 

 

2017

 

 

2016

 

Convertible preferred stock as converted

 

 

-

 

 

 

34,610,979

 

Options to purchase common stock

 

 

11,129,615

 

 

 

12,395,877

 

RSUs

 

 

1,855,846

 

 

 

56,250

 

Unvested common shares subject to repurchase

 

 

414,126

 

 

 

188,628

 

Shares committed under the ESPP

 

 

188,788

 

 

 

-

 

Convertible preferred stock warrants

 

 

-

 

 

 

36,971

 

Total

 

 

13,588,375

 

 

 

47,288,705