NET LOSS PER SHARE

3 Months Ended

Mar. 31, 2016

Basic and diluted net loss per share is computed using the weighted average number of common shares outstanding for the period, excluding unvested restricted stock and RSUs. The following is a reconciliation of the numerators and denominators used in computing basic and diluted net loss per share:



	Three Months Ended March 31,
	2016			2015
	(in thousands except per share amounts)
Numerator:
Net loss	$	(2,695	)	$	(59	)
Denominator:
Shares used in computation of basic and diluted net loss per share (weighted average common shares outstanding)	28,493			27,818
Basic and diluted net loss per share	$	(0.09	)	$	0.00

The Company includes the underlying market condition stock options in the calculation of diluted earnings per share if the performance condition has been satisfied as of the end of the reporting period and excludes such options if the performance condition has not been met.

As of March 31, 2016 and 2015, the Company had securities outstanding that could potentially dilute basic earnings per share in the future, but these were excluded from the computation of diluted net loss per share for the three months ended March 31, 2016 and 2015, since their effect would have been anti-dilutive. These outstanding securities consisted of the following:



	March 31,
	2016	2015
Outstanding stock options	3,681,244	3,875,153
Unvested RSUs	527,883	565,148