Net Loss per Share

Basic and diluted net loss per share attributable to common stockholders is presented using the two class method required for participating securities. Under the two class method, net loss attributable to common stockholders is determined by allocating undistributed earnings between common stock and participating securities. Undistributed earnings for the periods presented are calculated as net loss less distributed earnings.

Basic and diluted net loss per share is calculated by dividing net loss attributable to common stockholders by the weighted-average shares outstanding during the period. The weighted-average shares outstanding during the period reflects the reclassification of the 100 outstanding shares of common stock into 393,000,000 shares of Class B common stock. There were no shares of Class A common stock outstanding for the thirteen weeks ended May 5, 2019 or April 29, 2018.

For the thirteen weeks ended May 5, 2019 and April 29, 2018, the Company’s basic and diluted net loss per share attributable to common stockholders are the same because the Company has generated a net loss to common stockholders and common stock equivalents are excluded from diluted net loss per share as they have an antidilutive impact.

The following table sets forth basic and diluted net loss per share attributable to common stockholders for the periods presented (in thousands, except per share data):



	13 Weeks Ended
	May 5, 2019			April 29, 2018
Common stockholders
Numerator:
Net loss	$	(29,554	)	$	(59,815	)
Net loss attributable to common stockholders	$	(29,554	)	$	(59,815	)

Denominator:
Weighted average shares used in computing net loss per share attributable to common stockholders, basic and diluted	393,000			393,000

Net loss per share attributable to common stockholders, basic and diluted	$	(0.08	)	$	(0.15	)