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Net Loss Per Share | 9 Months Ended
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Mar. 31, 2017
Earnings Per Share [Abstract] |
Net Loss Per Share |
11. | Net Loss Per Share
Basic earnings per share is calculated by dividing net earnings by the weighted average number of common shares outstanding during the period. Dilutive earnings per share is calculated by dividing net earnings by the weighted average number of common shares used in the basic earnings per share calculation plus the dilutive effect of shares subject to repurchase, options, warrants and unvested restricted stock units. The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2017 |  |  | March 31, 2016 |  |  | March 31, 2017 |  |  | March 31, 2016 |
Net loss |  | $ | (5,604 | ) |  | $ | (10,784 | ) |  | $ | (20,694 | ) |  | $ | (29,544 | )
Weighted-average shares used in per share calculation - basic and diluted |  |  | 109,213 |  |  |  | 104,104 |  |  |  | 107,531 |  |  |  | 102,486 |
Net loss per share - basic and diluted |  | $ | (0.05 | ) |  | $ | (0.10 | ) |  | $ | (0.19 | ) |  | $ | (0.29 | )
The following securities were excluded from the computation of diluted net loss per share of common stock for the periods presented as their effect would have been anti-dilutive (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2017 |  |  | March 31, 2016 |  |  | March 31, 2017 |  |  | March 31, 2016 |
Options to purchase common stock |  |  | — |  |  |  | 4,439 |  |  |  | 398 |  |  |  | 7,249 |
Restricted stock units |  |  | 4 |  |  |  | 330 |  |  |  | 7 |  |  |  | 959 |
Employee Stock Purchase Plan shares |  |  | 269 |  |  |  | 185 |  |  |  | 269 |  |  |  | 185 |
Total shares excluded |  |  | 273 |  |  |  | 4,954 |  |  |  | 674 |  |  |  | 8,393 |

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