Net Loss per Share Attributable to Common Stockholders

12 Months Ended

Feb. 06, 2022

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 and PRSUs, unvested 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):

 

	Fiscal Year Ended
	2020		2021		2022
Net loss	$	(200,987)	$	(282,076)	$	(143,259)
Weighted-average shares used in computing net loss    per share attributable to common stockholders, basic and diluted	252,820		267,824		285,882
Net loss per share attributable to common stockholders, basic and diluted	$	(0.79)	$	(1.05)	$	(0.50)

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):

 

	Fiscal Year Ended
	2020	2021	2022
Stock options to purchase common stock	31,315	23,180	15,686
Unvested RSUs and PRSUs	24,374	31,980	32,491
Unvested restricted stock	2,614	1,145	257
Shares related to convertible senior notes	21,884	21,884	21,884
Shares issuable pursuant to the ESPP	1,031	2,148	2,122
Total	81,218	80,337	72,440