Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v2.4.0.6
Net Loss Per Share
 3 Months Ended
Apr. 30, 2013
Net Loss Per Share  
Net Loss Per Share

10.                Net Loss Per Share

 

Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period.

 

Diluted net loss per share is computed by giving effect to all potential shares of common stock, including stock options and restricted stock units to the extent dilutive. Basic and diluted net loss per share was the same for the three months ended April 30, 2012 and 2013 as the inclusion of all potential common shares outstanding would have been anti-dilutive.

 

The following table sets forth the computation of historical basic and diluted net loss per share (in thousands except per share amounts):

 

 

 

Three Months Ended
April 30,

 

 

 

2012

 

2013

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

Net loss

 

$

(20,228

)

$

(28,587

)

 

 

 

 

 

 

Denominator

 

 

 

 

 

Weighted-average common shares outstanding used in computing basic and diluted net income (loss) per share

 

165,404

 

173,579

 

 

 

 

 

 

 

Net loss per share, basic

 

$

(0.12

)

$

(0.16

)

 

The following potential common shares outstanding were excluded from the computation of diluted net loss per share because including them would have been anti-dilutive (in thousands):

 

 

 

Three Months Ended

 

 

 

April 30,
2012

 

April 30,
2013

 

Options to purchase common stock

 

33,228

 

25,683

 

Restricted stock units

 

3,335

 

8,949

 

Total common stock equivalents

 

36,563

 

34,632