XML 57 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Loss Per Share
 6 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share
Basic earnings per share is calculated by dividing net earnings by the weighted average number of common shares outstanding during the period. Dilutive earnings per share is calculated by dividing net earnings by the weighted average number of common shares used in the basic earnings per share calculation plus the dilutive effect of shares subject to repurchase, options, warrants and unvested restricted stock.

The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data): 
 
Three Months Ended
 
Six Months Ended
 
December 31,
2014
 
December 31,
2013
 
December 31,
2014
 
December 31,
2013
Net loss
$
(13,105
)
 
$
(15,986
)
 
$
(32,435
)
 
$
(16,022
)
Weighted-average shares used in per share calculation – basic and diluted
98,677

 
95,216

 
97,996

 
94,639

Net loss per share – basic and diluted
$
(0.13
)
 
$
(0.17
)
 
$
(0.33
)
 
$
(0.17
)


The following securities were excluded from the computation of diluted net loss per share of common stock for the periods presented as their effect would have been anti-dilutive (in thousands):
 
 
December 31,
2014
 
December 31,
2013
Options to purchase common stock
 
9,203

 
5,833

Restricted stock units
 
1,369

 
1,101

Employee Stock Purchase Plan shares
 
563

 
154