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Net Loss Per Share
6 Months Ended
Dec. 31, 2016
Net Loss Per Share  
Net Loss Per Share

(6)  Net Loss Per Share

 

Basic net loss per common share is computed using the weighted‑average number of common shares outstanding during the period. Diluted net loss per share is computed using the weighted‑average number of common shares outstanding during the period and, if dilutive, potential common shares outstanding during the period. The Company’s potential common shares consist of the incremental common shares issuable upon the exercise of stock options, the release of restricted stock units, and the shares purchasable via the employee stock purchase plan as of the balance sheet date. The following table presents the calculation of basic and diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

 

December 31, 

 

December 31, 

 

 

    

2015

    

2016

    

2015

    

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(1,165)

 

$

(1,671)

 

$

(4,600)

 

$

(4,239)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares used in computing net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

50,890

 

 

51,384

 

 

50,817

 

 

51,308

 

Weighted-average effect of potentially dilutive shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee stock options, restricted stock units and employee stock purchase plan shares

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Diluted

 

 

50,890

 

 

51,384

 

 

50,817

 

 

51,308

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.02)

 

$

(0.03)

 

$

(0.09)

 

$

(0.08)

 

Diluted

 

$

(0.02)

 

$

(0.03)

 

$

(0.09)

 

$

(0.08)

 

 

The following table summarizes the outstanding employee stock options, restricted stock units, and shares purchasable via the employee stock purchase plan as of the balance sheet date that were excluded from the diluted per share calculation for the periods presented because to include them would have been anti-dilutive:

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Six months ended

 

 

 

December 31, 

 

December 31, 

 

 

    

2015

    

2016

    

2015

    

2016

 

 

 

 

 

 

 

 

 

 

 

Employee stock options

 

3,773

 

3,262

 

3,773

 

3,262

 

Restricted stock units

 

989

 

1,501

 

989

 

1,501

 

Employee stock purchase plan shares

 

13

 

21

 

13

 

21

 

Total

 

4,775

 

4,784

 

4,775

 

4,784