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Net Loss per Share Attributable to Common Stockholders
9 Months Ended
Oct. 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 nine months ended October 31, 2017 and 2016 (in thousands, except per share amounts):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 31,

 

 

October 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(11,302

)

 

$

(6,694

)

 

$

(35,082

)

 

$

(30,999

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

53,779

 

 

 

18,420

 

 

 

52,388

 

 

 

9,987

 

Net loss per share attributable to common

   stockholders, basic and diluted

 

$

(0.21

)

 

$

(0.36

)

 

$

(0.67

)

 

$

(3.10

)

 

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 October 31,

 

 

 

2017

 

 

2016

 

Options to purchase common stock

 

 

10,033,498

 

 

 

13,194,772

 

RSUs

 

 

1,963,015

 

 

 

32,422

 

Unvested common shares subject to repurchase

 

 

257,215

 

 

 

322,473

 

Shares committed under the ESPP

 

 

69,633

 

 

 

16,828

 

Convertible preferred stock warrants

 

 

-

 

 

 

36,971

 

Total

 

 

12,323,361

 

 

 

13,603,466