Net Loss Per Share

3 Months Ended

Mar. 31, 2022

Basic net loss per share is calculated by dividing net loss attributable to common stockholders by the weighted average shares outstanding during the period.

The following table sets forth the computation of basic and diluted net loss per share:


	Three Months Ended March 31,
(In millions, except per share data)	2021		2022
Basic and diluted net loss per share:
Net loss attributable to common stockholders	$	(64.0)	$	(38.5)
Weighted average shares outstanding:
Common stock	204.6		211.4
Number of shares used in per share computations	204.6		211.4
Net loss per share	$	(0.31)	$	(0.18)

Potential common share equivalents consist of shares issuable upon the exercise of stock options, vesting of restricted stock or purchase under the Employee Stock Purchase Plan (the "ESPP"), as well as contingent shares associated with our acquisition of Datapipe Parent, Inc. Since we were in a net loss position for both periods presented, basic net loss per share is the same as diluted net loss per share for both periods as the inclusion of all potential common shares outstanding would have been anti-dilutive. We excluded 21.7 million and 24.8 million potential common shares from the computation of dilutive loss per share for the three months ended March 31, 2021 and 2022, respectively.