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Net Loss Per Share
3 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Net Loss Per Share

16.

Net Loss Per Share

Basic net loss per share is calculated by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Dilutive loss per share is calculated by dividing net loss by the weighted average number of shares of common stock used in the basic loss per share calculation plus the dilutive effect of shares subject to repurchase, options and unvested RSUs.

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

 

 

 

Three Months Ended

 

 

 

 

September 30,

2020

 

 

September 30,

2019

 

 

Net loss

 

$

(8,812

)

 

$

(37,738

)

 

Weighted-average shares used in per share calculation - basic and diluted

 

 

121,705

 

 

 

120,226

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share - basic and diluted

 

$

(0.07

)

 

$

(0.31

)

 

 

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

 

 

 

September 30,

2020

 

 

September 30,

2019

 

Options to purchase common stock

 

 

2,864

 

 

 

2,898

 

Restricted stock units

 

 

8,877

 

 

 

9,305

 

Employee Stock Purchase Plan shares

 

 

750

 

 

 

750

 

Total shares excluded

 

 

12,491

 

 

 

12,953