XML 35 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Net loss per share
12 Months Ended
Sep. 29, 2018
Earnings Per Share [Abstract]  
Net loss per share
Net loss per share

Basic and diluted net loss per share attributable to common stockholders is presented in conformity with the two-class method required for participating securities. Upon the closing of the IPO, all outstanding shares of the Company's redeemable convertible preferred stock automatically converted into 32,482,590 shares of common stock on a one-for-one basis. Basic net loss attributable to common stockholders per share is calculated by dividing net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding less shares subject to repurchase.

The following table sets forth the computation of the Company’s basic and diluted net loss per share:
 
2018
 
2017
 
2016
(In thousands, except share and per share data)
 
 
 
 
 
Numerator:
 
 
 
 
 
Net loss attributable to common stockholders—basic and diluted
$
(15,604
)
 
$
(14,217
)
 
$
(38,214
)
Denominator:
 
 
 
 
 
Weighted-average shares of common stock—basic and diluted
65,706,215

 
56,314,546

 
53,873,051

Net loss per share attributable to common stockholders:
 
 
 
 
 
Net loss per share attributable to common stockholders—basic and diluted
$
(0.24
)
 
$
(0.25
)
 
$
(0.71
)


The following potentially dilutive shares as of the end of each period presented were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive:
 
2018
 
2017
 
2016
Stock options to purchase common stock
48,504,182

 
45,817,252

 
45,940,594

Convertible preferred stock

 
32,482,590

 
32,482,590

Shares subject to repurchase

 
53,892

 
53,892

Total
48,504,182

 
78,353,734

 
78,477,076