XML 27 R17.htm IDEA: XBRL DOCUMENT
v3.23.3

Net Loss Per Share | 9 Months Ended
--- | ---
Oct. 31, 2023
Earnings Per Share [Abstract] |
Net Loss Per Share | Net Loss Per Share The Company calculates basic net loss per share by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period, less shares subject to repurchase. Diluted net loss per share is computed by giving effect to all potentially dilutive common shares outstanding for the period, including stock options, restricted stock units and shares underlying the conversion option of the convertible senior notes. 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 due to the net loss reported for each period presented. The following table sets forth the computation of basic and diluted net loss per share (in thousands, except share and per share data):
| Three Months Ended October 31, |  | Nine Months Ended October 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Numerator: |  |  |  |  |  |  |
Net loss | $ | (29,297) |  |  | $ | (84,841) |  |  | $ | (121,140) |  |  | $ | (281,000) |
Denominator: |  |  |  |  |  |  |
Weighted-average shares used to compute net loss per share, basic and diluted | 71,560,023 |  |  | 68,916,813 |  |  | 70,878,162 |  |  | 68,325,990 |
Net loss per share, basic and diluted | $ | (0.41) |  |  | $ | (1.23) |  |  | $ | (1.71) |  |  | $ | (4.11) |
In connection with the issuance of the 2024 Notes and 2026 Notes, the Company entered into Capped Calls, which were not included for purposes of calculating the number of diluted shares outstanding, as their effect would have been anti-dilutive. The Capped Calls are expected to partially offset the potential dilution to the Company’s common stock upon any conversion of the 2024 Notes and the 2026 Notes. The Company has not exercised any of its Capped Calls as of October 31, 2023. The following weighted-average outstanding potentially dilutive shares of common stock were excluded from the computation of diluted net loss per share for the periods presented because the impact of including them would have been anti-dilutive:
|  | Three Months Ended October 31, |  | Nine Months Ended October 31,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Stock options pursuant to the 2016 Equity Incentive Plan |  | 391,969 |  |  | 549,089 |  |  | 448,289 |  |  | 584,933 |
Stock options pursuant to the 2008 Stock Incentive Plan |  | 848,908 |  |  | 1,537,192 |  |  | 996,896 |  |  | 1,680,349 |
Unvested restricted stock units |  | 4,260,776 |  |  | 3,879,249 |  |  | 4,271,290 |  |  | 3,801,137 |
Unvested executive PSUs |  | 205,232 |  |  | 65,844 |  |  | 205,232 |  |  | 65,844 |
Shares underlying the conversion option of the 2026 Notes |  | 5,445,002 |  |  | 5,445,036 |  |  | 5,445,002 |  |  | 5,445,051 |
Total |  | 11,151,887 |  |  | 11,476,410 |  |  | 11,366,709 |  |  | 11,577,314 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration