Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v2.4.0.8
Net Loss Per Share
 6 Months Ended
Jul. 31, 2013
Net Loss Per Share  
Net Loss Per Share

11.                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 and six months ended July 31, 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

 

Six Months Ended

 

 

 

July 31,

 

July 31,

 

 

 

2012

 

2013

 

2012

 

2013

 

Numerator

 

 

 

 

 

 

 

 

 

Net loss

 

$

(5,415

)

$

(7,787

)

$

(25,643

)

$

(36,374

)

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

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

 

167,429

 

175,343

 

166,428

 

174,476

 

Net loss per share, basic

 

$

(0.03

)

$

(0.04

)

$

(0.15

)

$

(0.21

)

 

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):

 

 

 

As of July 31,

 

 

 

2012

 

2013

 

Options to purchase common stock

 

30,437

 

23,920

 

Restricted stock units

 

3,591

 

9,801

 

Total common stock equivalents

 

34,028

 

33,721