NET LOSS PER SHARE

Basic and diluted loss per common share are computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per share includes the determinants of basic net income per share and, in addition, gives effect to the potential dilution that would occur if securities or other contracts to issue common stock were exercised, vested or converted into common stock, unless they are anti-dilutive.

The following table summarizes the net loss per share calculation (in thousands, except per share amount):



	Three Months Ended						Nine Months Ended
	March 31,						March 31,
	2019			2018			2019			2018
Net loss - basic and diluted	$	(37,494	)	$	(22,851	)	$	(73,667	)	$	(94,898	)

Weighted average shares outstanding - basic and diluted	219,913			208,994			215,964			194,434

Per share data:
Basic and diluted	$	(0.17	)	$	(0.11	)	$	(0.34	)	$	(0.49	)

For the periods presented, all common stock equivalents are excluded from the computation of diluted loss per share, as the result would be anti-dilutive, which include the following (in thousands):



	March 31,
	2019	2018
2.625% convertible senior notes	8,156	8,156
Stock options	16,294	15,722
Unvested RSUs	1,260	1,275
Total anti-dilutive common stock equivalents excluded from diluted loss per share calculation	25,710	25,153