| Net Income (Loss) Per Share Attributable to Common Stockholders |
(13) Net Income (Loss) Per Share
Attributable to Common Stockholders
The following tables present the calculation of
basic and diluted net income (loss) per share attributable to
common stockholders (in thousands, except share and per share
data):
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Fiscal
Years Ended June 30, |
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Six
Months Ended
December 31, |
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Nine
Months Ended
September 30, |
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2009 |
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2010 |
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2011 |
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2010 |
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2011 |
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2011 |
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2012 |
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(Unaudited) |
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(Unaudited) |
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Numerator:
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Net income
(loss)
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$ |
(5,906 |
) |
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$ |
(29,705 |
) |
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$ |
9,830 |
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$ |
4,803 |
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$ |
(6,684 |
) |
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$ |
5,148 |
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$ |
(27,417 |
) |
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Accretion
of redeemable convertible preferred stock
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(625 |
) |
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(640 |
) |
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(633 |
) |
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(320 |
) |
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(312 |
) |
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(471 |
) |
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(308 |
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Net income
attributable to participating securities
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— |
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— |
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(7,558 |
) |
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(3,721 |
) |
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— |
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(3,788 |
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— |
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Net income
(loss) attributable to common stockholders—basic
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$ |
(6,531 |
) |
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$ |
(30,345 |
) |
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$ |
1,639 |
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$ |
762 |
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$ |
(6,996 |
) |
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$ |
889 |
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$ |
(27,725 |
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Undistributed earnings reallocated to participating
securities
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$ |
— |
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$ |
— |
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$ |
671 |
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$ |
349 |
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$ |
— |
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$ |
361 |
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$ |
— |
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Net income
(loss) attributable to common stockholders—
diluted
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$ |
(6,531 |
) |
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$ |
(30,345 |
) |
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$ |
2,310 |
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$ |
1,111 |
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$ |
(6,996 |
) |
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$ |
1,250 |
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$ |
(27,725 |
) |
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Denominator:
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Weighted-average shares outstanding Basic
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39,039,066 |
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23,157,576 |
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18,163,977 |
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17,156,445 |
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21,104,219 |
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19,695,440 |
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57,089,411 |
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Effect of
potentially dilutive securities:
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Common
stock options
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— |
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— |
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9,931,509 |
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10,465,912 |
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— |
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10,917,099 |
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— |
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Weighted-average shares outstanding Diluted
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39,039,066 |
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23,157,576 |
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28,095,486 |
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27,622,357 |
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21,104,219 |
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30,612,539 |
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57,089,411 |
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Net income
(loss) per share attributable to common stockholders:
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Basic
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$ |
(0.17 |
) |
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$ |
(1.31 |
) |
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$ |
0.09 |
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$ |
0.04 |
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$ |
(0.33 |
) |
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$ |
0.05 |
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$ |
(0.49 |
) |
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Diluted
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$ |
(0.17 |
) |
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$ |
(1.31 |
) |
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$ |
0.08 |
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$ |
0.04 |
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$ |
(0.33 |
) |
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$ |
0.04 |
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$ |
(0.49 |
) |
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Potentially dilutive securities not included in
the calculation of diluted net income (loss) per share because
doing so would be antidilutive are as follows:
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Fiscal
Years Ended June 30, |
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Six
Months Ended
December 31, |
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Nine
Months Ended
September 30, |
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2009 |
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2010 |
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2011 |
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2010 |
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2011 |
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2011 |
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2012 |
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(Unaudited) |
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(Unaudited) |
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Common
stock options
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19,164,000 |
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16,520,984 |
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7,635,190 |
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7,890,844 |
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39,601,640 |
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8,548,888 |
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37,279,442 |
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Warrants
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414,816 |
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— |
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— |
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— |
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— |
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— |
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— |
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Convertible
preferred stock
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59,777,936 |
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83,703,016 |
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83,703,016 |
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83,703,016 |
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83,703,016 |
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83,703,016 |
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— |
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Restricted
stock units
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— |
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— |
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— |
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— |
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— |
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— |
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1,134,851 |
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Common
stock subject to repurchase
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— |
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— |
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83,551 |
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— |
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578,616 |
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288,350 |
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349,165 |
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ESPP
obligations
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— |
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— |
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— |
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— |
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468,704 |
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Total
potentially dilutive securities
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79,356,752 |
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100,224,000 |
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91,421,757 |
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91,593,860 |
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123,883,272 |
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92,540,254 |
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39,232,162 |
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