Reconciliation of Numerator and Denominator Used in Calculation of Basic and Diluted EPS |
A reconciliation of the numerator and denominator used in the calculation of basic and diluted loss per share attributable to common stockholders is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended | | | April 30, 2022 | | May 1, 2021 | (in thousands, except share and per share amounts) | | Class A | | Class B | | Class A | | Class B | Numerator: | | | | | | | Net loss | | $ | (59,783) | | | $ | (18,257) | | | $ | (12,142) | | | $ | (6,704) | | | | | | | | | | | | | | | | | | | | Net loss attributable to common stockholders - basic | | (59,783) | | | (18,257) | | | (12,142) | | | (6,704) | | | | | | | | | | | | | | | | | | | | Reallocation of undistributed loss as a result of conversion of Class B to Class A shares | | (18,257) | | | — | | | (6,704) | | | — | | | | | | | | | | | Net loss attributable to common stockholders - diluted | | $ | (78,040) | | | $ | (18,257) | | | $ | (18,846) | | | $ | (6,704) | | Denominator: | | | | | | | | | Weighted-average shares of common stock - basic | | 83,315,758 | | | 25,443,444 | | | 68,743,748 | | | 37,952,472 | | Conversion of Class B to Class A common shares outstanding | | 25,443,444 | | | — | | | 37,952,472 | | | — | | | | | | | | | | | | | | | | | | | | Weighted-average shares of common stock - diluted | | 108,759,202 | | | 25,443,444 | | | 106,696,220 | | | 37,952,472 | | Loss per share attributable to common stockholders: | | | | | | | | | Basic | | $ | (0.72) | | | $ | (0.72) | | | $ | (0.18) | | | $ | (0.18) | | Diluted | | $ | (0.72) | | | $ | (0.72) | | | $ | (0.18) | | | $ | (0.18) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Nine Months Ended | | | April 30, 2022 | | May 1, 2021 | (in thousands, except share and per share amounts) | | Class A | | Class B | | Class A | | Class B | Numerator: | | | | | | | | | Net loss | | $ | (83,688) | | | $ | (27,091) | | | $ | (18,423) | | | $ | (11,921) | | | | | | | | | | | | | | | | | | | | Net loss attributable to common stockholders - basic | | (83,688) | | | (27,091) | | | (18,423) | | | (11,921) | | | | | | | | | | | | | | | | | | | | Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares | | (27,091) | | | — | | | (11,921) | | | — | | | | | | | | | | | Net loss attributable to common stockholders - diluted | | $ | (110,779) | | | $ | (27,091) | | | $ | (30,344) | | | $ | (11,921) | | Denominator: | | | | | | | | | Weighted-average shares of common stock - basic | | 82,170,840 | | | 26,600,225 | | | 64,029,465 | | | 41,428,442 | | Conversion of Class B to Class A common shares outstanding | | 26,600,225 | | | — | | | 41,428,442 | | | — | | | | | | | | | | | | | | | | | | | | Weighted-average shares of common stock - diluted | | 108,771,065 | | | 26,600,225 | | | 105,457,907 | | | 41,428,442 | | Loss per share attributable to common stockholders: | | | | | | | | | Basic | | $ | (1.02) | | | $ | (1.02) | | | $ | (0.29) | | | $ | (0.29) | | Diluted | | $ | (1.02) | | | $ | (1.02) | | | $ | (0.29) | | | $ | (0.29) | |
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Schedule of Common Stock Equivalents Excluded from Computation of Diluted Earnings Per Share |
The following common stock equivalents were excluded from the computation of diluted loss per share for the periods presented because including them would have been antidilutive: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended | | For the Nine Months Ended | | April 30, 2022 | | May 1, 2021 | | April 30, 2022 | | May 1, 2021 | | | | | | | | | | | | | | | | | Restricted stock units | 16,878,676 | | | 8,384,774 | | | 16,878,676 | | | 8,725,064 | | Stock options to purchase Class A common stock | 3,270,987 | | | 1,445,964 | | | 3,270,987 | | | 1,352,936 | | Stock options to purchase Class B common stock | 1,129,507 | | | 1,527,146 | | | 1,129,507 | | | 1,857,297 | | Total | 21,279,170 | | | 11,357,884 | | | 21,279,170 | | | 11,935,297 | |
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