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NET LOSS PER SHARE
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
NET LOSS PER SHARE
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 for both continuing and discontinued operations:
 
 
Three months ended March 31,
 
 
 
2017
 
2016
 
 
 
(in thousands, except
per share amounts)
 
Numerator:
 
 
 
 
 
Net loss
 
$
(12,865
)
 
$
(2,695
)
 
Denominator:
 
 
 
 
 
Shares used in computation of basic and diluted net loss per share (weighted average common shares outstanding)
 
29,024

 
28,493

 
 
 
 
 
 
 
Basic and diluted net loss per share:
 
$
(0.44
)
 
$
(0.09
)
 

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, 2017 and 2016, 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, 2017 and 2016, since their effect would have been anti-dilutive. These outstanding securities consisted of the following:
 
March 31,
 
2017
 
2016
Standard and market condition stock options outstanding
3,616,995

 
3,681,244

Restricted stock awards outstanding
77,540

 
21,356

RSUs outstanding
403,935

 
527,883

ESPP
11,889

 
11,099