XML 43 R27.htm IDEA: XBRL DOCUMENT v3.19.1
Net Loss Per Share
 12 Months Ended
Jan. 31, 2019
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share
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. Diluted net loss per share is computed by giving effect to all potential shares of common stock, including our outstanding stock options, outstanding warrants, common stock related to unvested early exercised stock options, common stock related to unvested restricted stock units and awards and convertible senior notes to the extent dilutive, and common stock issuable pursuant to the ESPP. Basic and diluted net loss per share was the same for each period presented, as the inclusion of all potential common shares outstanding would have been anti-dilutive.
The net loss per share attributable to common stockholders is allocated based on the contractual participation rights of the Class A common shares and Class B common shares as if the loss for the year had been distributed. As the liquidation and dividend rights are identical, the net loss attributable to common stockholders is allocated on a proportionate basis.
The following table presents the calculation of basic and diluted net loss attributable to common stockholders per share (in thousands, except per share data):
 
Year Ended January 31,
 
2019
 
2018
 
2017
 
 
 
*As Adjusted
 
Class A
 
Class B
 
Class A
 
Class B
 
Class A
 
Class B
Basic and diluted net loss attributable to Class A and Class B common stockholders per share:
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
Allocation of distributed net loss attributable to common stockholders
$
(287,021
)
 
$
(131,237
)
 
$
(208,159
)
 
$
(113,063
)
 
$
(236,946
)
 
$
(147,753
)
Denominator:
 
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding
148,767

 
68,022

 
134,642

 
73,132

 
122,085

 
76,129

Basic and diluted net loss per share
$
(1.93
)
 
$
(1.93
)
 
$
(1.55
)
 
$
(1.55
)
 
$
(1.94
)
 
$
(1.94
)

*
For further information, see Note 1.
The anti-dilutive securities excluded from the weighted-average shares used to calculate the diluted net loss per common share were as follows (in thousands): 
 
January 31,
 
2019
 
2018
 
2017
Outstanding common stock options
5,781

 
6,595

 
9,097

Shares subject to repurchase
—

 
—

 
110

Unvested restricted stock awards, units, and PRSUs
13,551

 
13,209

 
12,155

Shares related to the convertible senior notes
10,876

 
15,079

 
7,261

Shares subject to warrants related to the issuance of convertible senior notes
10,876

 
15,079

 
7,261

Shares issuable pursuant to the ESPP
402

 
466

 
485

Total
41,486

 
50,428

 
36,369