Net Loss per Share Attributable to Common Stockholders

6 Months Ended

Jul. 31, 2019

Net Loss per Share Attributable to Common Stockholders

Basic and diluted net loss per share attributable to common stockholders is presented in conformity with the two-class method required for participating securities.

Basic net loss per share attributable to common stockholders is computed by dividing the net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period, less shares subject to repurchase. Diluted net loss per share attributable to common stockholders is computed by giving effect to all potentially dilutive common stock equivalents, including our outstanding stock options, common stock related to unvested RSUs, repurchasable shares from early exercised stock options and restricted stock, our Notes to the extent dilutive, and common stock issuable pursuant to the ESPP. These potentially dilutive common stock equivalents have been excluded from the calculation of diluted net loss per share attributable to common stockholders as their effect is anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except per share data):



	Three Months Ended July 31,						Six Months Ended July 31,
	2018			2019			2018			2019

Net loss	$	(60,123	)	$	(66,018	)	$	(124,427	)	$	(166,354	)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted	229,359			251,298			226,609			248,366
Net loss per share attributable to common stockholders, basic and diluted	$	(0.26	)	$	(0.26	)	$	(0.55	)	$	(0.67	)

The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been anti-dilutive (in thousands):



	Three Months Ended July 31,		Six Months Ended July 31,
	2018	2019	2018	2019
Stock options to purchase common stock	40,920	31,739	42,923	32,852
Unvested RSUs	19,957	25,513	19,486	24,743
Restricted stock and early exercised stock options subject to repurchase	3,327	2,917	2,585	2,777
Shares related to Notes	21,884	21,884	13,783	21,884
Shares issuable pursuant to ESPP	1,154	720	1,127	720
Total	87,242	82,773	79,904	82,976