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Net Income (Loss) Per Share (Tables)
9 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share Attributable to Common Stockholders

Basic and diluted net income (loss) per share attributable to common stockholders was calculated as follows for the three and nine months ended June 30, 2014 and 2013, respectively:

 

    Three Months Ended
June 30,
    Nine Months Ended
June 30,
 
    2014     2013     2014     2013  

Basic net income (loss) per share attributable to common stockholders:

       

Numerator:

       

Net income (loss)

  $ 50,053      $ (4,138   $ 39,480      $ 14,070   

Accretion of redeemable convertible preferred stock to redemption value

    —          —          —          (2,526

Net income attributable to participating securities

    —          —          —          (13,670
 

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) attributable to common stockholders

  $ 50,053      $ (4,138   $ 39,480      $ (2,126
 

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

       

Weighted average common shares outstanding—basic

    18,528,833        17,819,813        18,275,831        7,052,989   
 

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) per share attributable to common stockholders—basic

  $ 2.70      $ (0.23   $ 2.16      $ (0.30

Diluted net income (loss) per share attributable to common stockholders:

       

Numerator:

       

Net income (loss)

  $ 50,053      $ (4,138   $ 39,480      $ 14,070   

Accretion of redeemable convertible preferred stock to redemption value

    —          —          —          (2,526

Net income attributable to participating securities

    —          —          —          (13,670
 

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) attributable to common stockholders—diluted

  $ 50,053      $ (4,138   $ 39,480      $ (2,126
 

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

       

Weighted average common shares outstanding—basic

    18,528,833        17,819,813        18,275,831        7,052,989   

Dilutive effect of common stock equivalents

    674,437        —          892,537        —     
 

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares outstanding—diluted

    19,203,270        17,819,813        19,168,368        7,052,989   
 

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) per share attributable to common stockholders—diluted

  $ 2.61      $ (0.23   $ 2.06      $ (0.30