Basic and diluted net loss per share attributable to common stockholders is presented in conformity with the two-class method required for participating securities. Basic net loss per share attributable to common stockholders is computed by dividing the net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period, less shares subject to repurchase. Diluted net loss per share attributable to common stockholders is computed by giving effect to all potentially dilutive common stock equivalents, including our outstanding stock options, common stock related to unvested RSUs and PRSUs, unvested restricted stock, the shares underlying the conversion option in our Notes to the extent dilutive, and common stock issuable pursuant to the ESPP. The adoption of ASU 2020-06 eliminates the treasury stock method and instead requires the application of the if-converted method to calculate the impact of our Notes on diluted EPS. All potentially dilutive common stock equivalents, including from our Notes, have been excluded from the calculation of diluted net loss per share attributable to common stockholders as their effect is anti-dilutive for all periods presented.


	Third Quarter of Fiscal				First Three Quarters of Fiscal
	2022		2023		2022		2023
Net loss	$	(28,731)	$	(787)	$	(158,202)	$	(1,400)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted	287,462		300,984		283,918		298,101

Net loss per share attributable to common stockholders, basic and diluted	$	(0.10)	$	(0.00)	$	(0.56)	$	(0.00)

The following weighted-average outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been anti-dilutive (in thousands):


	Third Quarter of Fiscal		First Three Quarters of Fiscal
	2022	2023	2022	2023
Stock options to purchase common stock	15,194	10,164	16,623	10,812
Unvested RSUs and PRSUs	32,937	29,809	33,541	30,510
Unvested restricted stock	176	—	319	8
Shares related to convertible senior notes	21,884	21,884	21,884	21,884
Shares issuable pursuant to the ESPP	1,121	450	1,121	450

Total	71,312	62,307	73,488	63,664