| Summary of Calculation of Basic and Diluted Net Income (Loss) Per Share |
The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share data):
|
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
|
|
September 30,
2020 |
|
|
September 30,
2019 |
|
|
September 30,
2020 |
|
|
September 30,
2019 |
|
|
Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) |
|
$ |
12,947 |
|
|
$ |
(25,155 |
) |
|
$ |
(84,813 |
) |
|
$ |
(44,220 |
) |
|
Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average shares used in computing
net income (loss) per share, basic |
|
|
125,687 |
|
|
|
116,681 |
|
|
|
122,837 |
|
|
|
114,064 |
|
|
Net income (loss) per share, basic |
|
$ |
0.10 |
|
|
$ |
(0.22 |
) |
|
$ |
(0.69 |
) |
|
$ |
(0.39 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average shares used in computing
net income (loss) per share, basic |
|
|
125,687 |
|
|
|
116,681 |
|
|
|
122,837 |
|
|
|
114,064 |
|
|
Common stock equivalents |
|
|
10,982 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Weighted-average shares used in computing
net income (loss) per share, diluted |
|
|
136,669 |
|
|
|
116,681 |
|
|
|
122,837 |
|
|
|
114,064 |
|
|
Net income (loss) per share, diluted |
|
$ |
0.09 |
|
|
$ |
(0.22 |
) |
|
$ |
(0.69 |
) |
|
$ |
(0.39 |
) |
|
| Schedule of Antidilutive Securities Excluded from Calculation of Diluted Net Loss Per Share |
Common shares that would be excluded from the calculation of diluted net loss per share because of their anti-dilutive effect are as follows (in thousands):
|
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
|
|
September 30,
2020 |
|
|
September 30,
2019 |
|
|
September 30,
2020 |
|
|
September 30,
2019 |
|
|
Restricted stock units and stock options |
|
|
688 |
|
|
|
16,189 |
|
|
|
14,229 |
|
|
|
16,189 |
|
|
Unvested shares of common stock issued upon early
exercise of stock options and business acquisition |
|
|
— |
|
|
|
45 |
|
|
|
2 |
|
|
|
45 |
|
|
Total |
|
|
688 |
|
|
|
16,234 |
|
|
|
14,231 |
|
|
|
16,234 |
|
|