Net Loss per Share Attributable to Common Stockholders

9 Months Ended

Oct. 31, 2019

Earnings Per Share [Abstract]

Net Loss per Share Attributable to Common Stockholders

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 October 31,				Nine Months Ended October 31,
	2018		2019		2018		2019
Net loss	$	(28,180)	$	(29,982)	$	(152,607)	$	(196,336)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted	235,205		255,047		229,505		250,618
Net loss per share attributable to common stockholders, basic and diluted	$	(0.12)	$	(0.12)	$	(0.66)	$	(0.78)

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 October 31,		Nine Months Ended October 31,
	2018	2019	2018	2019
Stock options to purchase common stock	37,814	30,769	41,201	32,150
Unvested RSUs	19,493	24,251	19,488	24,544
Restricted stock and early exercised stock options subject to repurchase	3,277	2,732	2,938	2,762
Shares related to Notes	21,884	21,884	16,513	21,884
Shares issuable pursuant to ESPP	236	571	80	571
Total	82,704	80,207	80,220	81,911