Net Loss Per Share

9 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Net Loss Per Share

16.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 and unvested restricted stock units.

The following table presents the calculation of net loss per share of basic and diluted (in thousands, except per share data):

	Three Months Ended						Nine Months Ended
	March 31, 2019			March 31, 2018			March 31, 2019			March 31, 2018
Net loss	$	(6,932	)	$	(13,613	)	$	(8,798	)	$	(41,160	)
Weighted-average shares used in per share calculation - basic and diluted		117,944			115,059			117,619			113,641
Net loss per share - basic and diluted	$	(0.06	)	$	(0.12	)	$	(0.07	)	$	(0.36	)

The following securities were excluded from the computation of net loss per diluted share of common stock for the periods presented as their effect would have been anti-dilutive (in thousands):

	Three Months Ended				Nine Months Ended
	March 31, 2019		March 31, 2018		March 31, 2019		March 31, 2018
Options to purchase common stock		780		2,379		621		2,649
Restricted stock units		1,907		8,213		888		7,670
Employee Stock Purchase Plan shares		965		972		965		1,101
Total shares excluded		3,652		11,564		2,474		11,420