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Net Loss per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Numerators and Denominators of Basic and Diluted Net Loss per Share Computations for Common Stock

The numerators and denominators of the basic and diluted net loss per share computations for our common stock are calculated as follows for the three and six months ended June 30, 2020 and 2019:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(in thousands, except per share data)

 

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

 

Class A

Common

 

 

Class B

Common

 

 

Class C

Common

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(266,759

)

 

$

(5,462

)

 

$

(53,730

)

 

$

(200,295

)

 

$

(9,089

)

 

$

(45,790

)

 

$

(515,923

)

 

$

(10,692

)

 

$

(105,271

)

 

$

(440,465

)

 

$

(22,440

)

 

$

(102,676

)

Net loss attributable to

   common stockholders

 

$

(266,759

)

 

$

(5,462

)

 

$

(53,730

)

 

$

(200,295

)

 

$

(9,089

)

 

$

(45,790

)

 

$

(515,923

)

 

$

(10,692

)

 

$

(105,271

)

 

$

(440,465

)

 

$

(22,440

)

 

$

(102,676

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

   common shares

   - Basic

 

 

1,184,246

 

 

 

24,248

 

 

 

238,528

 

 

 

1,069,507

 

 

 

48,535

 

 

 

244,502

 

 

 

1,172,536

 

 

 

24,300

 

 

 

239,249

 

 

 

1,051,952

 

 

 

53,593

 

 

 

245,218

 

Diluted shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average

   common shares

   - Diluted

 

 

1,184,246

 

 

 

24,248

 

 

 

238,528

 

 

 

1,069,507

 

 

 

48,535

 

 

 

244,502

 

 

 

1,172,536

 

 

 

24,300

 

 

 

239,249

 

 

 

1,051,952

 

 

 

53,593

 

 

 

245,218

 

Net loss per share

   attributable to

   common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.23

)

 

$

(0.23

)

 

$

(0.23

)

 

$

(0.19

)

 

$

(0.19

)

 

$

(0.19

)

 

$

(0.44

)

 

$

(0.44

)

 

$

(0.44

)

 

$

(0.42

)

 

$

(0.42

)

 

$

(0.42

)

Diluted

 

$

(0.23

)

 

$

(0.23

)

 

$

(0.23

)

 

$

(0.19

)

 

$

(0.19

)

 

$

(0.19

)

 

$

(0.44

)

 

$

(0.44

)

 

$

(0.44

)

 

$

(0.42

)

 

$

(0.42

)

 

$

(0.42

)

 

 
Schedule of Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss per Share

The following potentially dilutive shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented:

 

 

 

Three and Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Stock options

 

 

7,008

 

 

 

12,491

 

Unvested RSUs and RSAs

 

 

152,972

 

 

 

158,253

 

Convertible Notes (if-converted)

 

 

101,591

 

 

 

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