| Net Loss Per Ordinary Share |
11. Net Income (Loss) Per Ordinary Share
The following table sets forth the computation of basic and diluted income (loss) per ordinary share for the periods indicated:
|
|
|
Three Months Ended
October 31, |
|
|
Nine Months Ended
October 31, |
|
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
|
|
|
(in thousands, except share and per share data) |
|
|
Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) |
|
$ |
(19,809 |
) |
|
$ |
756 |
|
|
$ |
(54,281 |
) |
|
$ |
(17,218 |
) |
|
Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average ordinary shares - basic |
|
|
38,582,584 |
|
|
|
36,792,187 |
|
|
|
38,185,421 |
|
|
|
36,391,676 |
|
|
Effect of potentially dilutive securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Employee stock options |
|
|
— |
|
|
|
327,417 |
|
|
|
— |
|
|
|
— |
|
|
Restricted stock units |
|
|
— |
|
|
|
1,921,723 |
|
|
|
— |
|
|
|
— |
|
|
Employee stock purchase plan |
|
|
— |
|
|
|
4,947 |
|
|
|
— |
|
|
|
— |
|
|
Weighted-average ordinary shares - diluted |
|
|
38,582,584 |
|
|
|
39,046,274 |
|
|
|
38,185,421 |
|
|
|
36,391,676 |
|
|
Net income (loss) per ordinary share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
(0.51 |
) |
|
$ |
0.02 |
|
|
$ |
(1.42 |
) |
|
$ |
(0.47 |
) |
|
Diluted |
|
$ |
(0.51 |
) |
|
$ |
0.02 |
|
|
$ |
(1.42 |
) |
|
$ |
(0.47 |
) |
The following weighted-average potentially dilutive securities were excluded from the computation of diluted income (loss) per ordinary share as their effect would have been antidilutive:
|
|
|
Three Months Ended October 31, |
|
|
Nine Months Ended October 31, |
|
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
|
Options to purchase ordinary shares |
|
|
314,645 |
|
|
|
13,399 |
|
|
|
351,595 |
|
|
|
269,713 |
|
|
Restricted stock units |
|
|
1,408,315 |
|
|
|
51 |
|
|
|
1,549,473 |
|
|
|
1,105,083 |
|
|
Employee stock purchase plan |
|
|
10,231 |
|
|
|
3,446 |
|
|
|
10,899 |
|
|
|
9,010 |
|
|
|
|
|
1,733,191 |
|
|
|
16,896 |
|
|
|
1,911,967 |
|
|
|
1,383,806 |
|
|