v3.22.0.1
Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Jan. 31, 2022
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders Net Loss Per Share Attributable to Common Stockholders
Basic and diluted net loss per share attributable to CrowdStrike’s common stockholders is computed in conformity with the two-class method required for participating securities. Basic net loss per share attributable to CrowdStrike common stockholders is computed by dividing the net loss attributable to CrowdStrike by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is the same as basic net loss per share because the effects of potentially dilutive items were antidilutive given the Company’s net loss position in the periods presented.
The rights of the holders of Class A and Class B common stock are identical, except with the respect to voting and conversion rights. As such, the undistributed earnings are allocated equally to each share of common stock without class distinction and the resulting basic and diluted net loss per share attributable to CrowdStrike common stockholders are the same for shares of Class A and Class B common stock.
The following table sets forth the computation of basic and diluted net loss per share attributable to CrowdStrike common stockholders (in thousands, except per share data):
Year Ended January 31,
202220212020
Numerator:
Net loss attributable to Class A and Class B CrowdStrike common stockholders$(234,802)$(92,629)$(141,779)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Class A and Class B of CrowdStrike common stockholders, basic and diluted
227,142 217,756 148,062 
Net loss per share attributable to Class A and Class B CrowdStrike common stockholders, basic and diluted$(1.03)$(0.43)$(0.96)
The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive are as follows (in thousands):
Year Ended January 31,
202220212020
Shares of common stock subject to repurchase from outstanding stock options
198 548 984 
RSUs and PSUs subject to future vesting7,886 8,449 6,063 
Shares of common stock issuable from stock options3,938 6,646 14,689 
Share purchase rights under the employee stock purchase plan642 872 1,458 
Potential common shares excluded from diluted net loss per share12,664 16,515 23,194 
The above table excludes founder holdbacks related to business combinations. A variable number of shares will be issued upon vesting to settle a fixed monetary amount of $18.5 million, which shares are contingent upon continued employment with the Company. The share price will be determined based on the Company’s average stock price or the volume weighted average stock price 5 days prior to each vesting date. As of January 31, 2022, 14,667 shares were issued to settle founder holdbacks at a weighted average price of $243.72 per share.