Net Loss per Share (Tables)

12 Months Ended

Dec. 31, 2019

Computation of basic and diluted net loss per share

The following table sets forth the computation of basic and diluted net loss per share for 2019, 2018 and 2017 (in thousands, except per share data):



	Year ended December 31,
	2019		2018		2017
Numerator:
Net loss	$	(48,846)	$	(43,084)	$	(53,362)
Denominator:
Weighted–average shares outstanding		109,973		102,527		93,771
Less: weighted average shares subject to repurchase		—		—		(1)
Weighted–average shares used to compute basic and diluted net loss per share		109,973		102,527		93,770
Basic and diluted net loss per share	$	(0.44)	$	(0.42)	$	(0.57)

Schedule of antidilutive securities excluded from computation of diluted weighted-average shares outstanding

The following potentially dilutive securities outstanding have been excluded from the computation of diluted weighted-average shares outstanding because such securities have an antidilutive impact due to losses reported (in common stock equivalent shares):


	December 31,
	2019	2018	2017
Stock options outstanding, net of unvested exercised stock options	2,898,977	4,496,557	7,738,496
Unvested restricted stock units	12,639,066	12,303,913	12,906,030
ESPP shares	478,917	478,026	726,643
Stock-settled bonus shares	871,391	1,234,474	1,185,373
Total potentially dilutive securities	16,888,351	18,512,970	22,556,542