Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Summary of Calculation of Basic and Diluted Net Income (Loss) Per Share

The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data):

	Three Months Ended					Nine Months Ended
	September 30, 2020		September 30, 2019			September 30, 2020			September 30, 2019
Numerator:
Net income (loss)	$	12,947	$	(25,155	)	$	(84,813	)	$	(44,220	)
Denominator:
Weighted-average shares used in computing net income (loss) per share, basic		125,687		116,681			122,837			114,064
Net income (loss) per share, basic	$	0.10	$	(0.22	)	$	(0.69	)	$	(0.39	)

Weighted-average shares used in computing net income (loss) per share, basic		125,687		116,681			122,837			114,064
Common stock equivalents		10,982		—			—			—
Weighted-average shares used in computing net income (loss) per share, diluted		136,669		116,681			122,837			114,064
Net income (loss) per share, diluted	$	0.09	$	(0.22	)	$	(0.69	)	$	(0.39	)

Schedule of Antidilutive Securities Excluded from Calculation of Diluted Net Loss Per Share

Common shares that would be excluded from the calculation of diluted net loss per share because of their anti-dilutive effect are as follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 30, 2020		September 30, 2019		September 30, 2020		September 30, 2019
Restricted stock units and stock options		688		16,189		14,229		16,189
Unvested shares of common stock issued upon early exercise of stock options and business acquisition		—		45		2		45
Total		688		16,234		14,231		16,234