Net Loss Per Share

9 Months Ended

Mar. 31, 2015

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						Nine Months Ended
	March 31, 2015			March 31, 2014			March 31, 2015			March 31, 2014
Net loss	$	(23,548	)	$	(25,058	)	$	(55,983	)	$	(41,079	)
Weighted-average shares used in per share calculation – basic and diluted	99,783			96,069			98,591			95,116
Net loss per share – basic and diluted	$	(0.24	)	$	(0.26	)	$	(0.57	)	$	(0.43	)

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):

	March 31, 2015	March 31, 2014
Options to purchase common stock	9,839	7,171
Restricted stock units	1,694	1,038