v3.24.3
Basic and Diluted Loss per Share
9 Months Ended
Oct. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Loss per Share Basic and Diluted Loss per Share
Basic loss per share is computed by dividing net loss attributable to nCino, Inc. by the weighted-average number of common shares outstanding for the fiscal period. Diluted loss per share is computed by giving effect to all potential weighted average dilutive common stock, including stock options issued and outstanding, nonvested RSUs issued and outstanding, and shares issuable pursuant to the ESPP. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method. Diluted loss per share for the three and nine months ended October 31, 2023 and 2024 is the same as the basic loss per share as there was a net loss for those periods, and inclusion of potentially issuable shares was anti-dilutive.
The components of basic and diluted loss per share for periods presented are as follows (in thousands, except share and per share data):
Three Months Ended October 31,Nine Months Ended October 31,
2023202420232024
Basic and diluted loss per share:
Numerator
Net loss attributable to nCino, Inc.$(16,379)$(5,252)$(43,506)$(19,268)
Denominator
Weighted-average common shares outstanding112,951,553 115,611,833 112,484,017 114,970,622 
Basic and diluted loss per share attributable to nCino, Inc.$(0.15)$(0.05)$(0.39)$(0.17)
The following potential outstanding common stock were excluded from the diluted loss per share computation because the effect would have been anti-dilutive:
Nine Months Ended October 31,
20232024
Stock options issued and outstanding1,551,058 920,412 
Nonvested RSUs issued and outstanding5,785,669 6,367,467 
Shares issuable pursuant to the ESPP61,412 77,914