Net Income (Loss) per Share (Tables)

6 Months Ended

Jul. 01, 2017

Schedule of basic and diluted net income (loss) per share

The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share (in thousands, except per share amounts):



	Three Months Ended					Six Months Ended
	July 1, 2017			July 2, 2016		July 1, 2017			July 2, 2016
Numerator:
Net income (loss)	$	(58,240	)	$	6,341	$	(118,319	)	$	17,376

Denominator:
Weighted-average shares of common stock—basic for Class A and Class B	230,322			218,850		228,788			217,431
Effect of dilutive securities	—			23,478		—			24,722
Weighted-average shares of common stock—diluted for Class A and Class B	230,322			242,328		228,788			242,153
Net income (loss) per share:
Basic	$	(0.25	)	$	0.03	$	(0.52	)	$	0.08
Diluted	$	(0.25	)	$	0.03	$	(0.52	)	$	0.07

Schedule of antidilutive securities excluded from earnings per share

The following potentially dilutive common shares were excluded from the computation of diluted net income (loss) per share for the periods presented because including them would have been anti-dilutive (in thousands):



	Three Months Ended		Six Months Ended
	July 1, 2017	July 2, 2016	July 1, 2017	July 2, 2016

Stock options to purchase common stock	19,074	3,861	20,924	3,548
RSUs	9,929	4,256	10,066	3,884
Diluted impact of ESPP	70	—	152	—
Diluted common stock subject to vesting	110	—	120	—
Total	29,183	8,117	31,262	7,432