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Net Loss Per Share
 3 Months Ended
Apr. 30, 2018
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share
The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):  
 
Three Months Ended April 30,
 
2018
 
2017
 
Class A
 
Class B
 
Class A
 
Class B
 
 
 
 
 
 
 
 
 
(unaudited)
Numerator:
 
 
 
 
 
 
 
Net loss (1)
$
(19,929
)
 
$
(6,033
)
 
$
(2,292
)
 
$
(25,414
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic and diluted
79,988

 
24,215

 
3,291

 
36,492

Net loss per share attributable to common stockholders, basic and diluted:
$
(0.25
)
 
$
(0.25
)
 
$
(0.70
)
 
$
(0.70
)
 
 
 
 
 
 
 
 
(1)  
Net loss for the three months ended April 30, 2017 has been adjusted. See Note 2 for a summary of adjustments.
As the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential common shares outstanding would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows (in thousands):  
 
As of April 30,
 
2018
 
2017
 
 
 
 
 
(unaudited)
Unvested restricted common stock issued and outstanding
400

 
800

Stock options issued and outstanding
22,675

 
33,939

Unvested RSUs issued and outstanding
3,433

 
59

Unvested restricted stock awards issued and outstanding
388

 
599

Shares committed under the ESPP
1,062

 
1,040

Unvested shares subject to repurchase
139

 
439

 
28,097

 
36,876


The Company expects to settle the principal amount of the 2023 Notes in cash, and therefore, the Company uses the treasury stock method for calculating any potential dilutive effect of the conversion option on diluted net income per share, if applicable. The conversion option will have a dilutive impact on net income per share of common stock when the average market price per share of the Company’s Class A common stock for a given period exceeds the conversion price of the 2023 Notes of $48.36 per share. During the three months ended April 30, 2018, the weighted average price per share of the Company’s Class A common stock was below the conversion price of the 2023 Notes.