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Net Loss Per Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Net Loss Per Share

(14) Net Loss Per Share

The computation of basic and diluted net income (loss) per share consists of the following:

 

 

 

Year ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

 

 

(In thousands, except share and per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(12,023

)

 

$

(6,417

)

 

$

(66,324

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic and diluted

 

 

23,139,807

 

 

 

22,986,931

 

 

 

12,349,456

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share, basic and diluted

 

$

(0.52

)

 

$

(0.28

)

 

$

(5.37

)

Potential dilutive common shares that were excluded from the computation of diluted net loss per share because they were anti-dilutive consist of the following:

 

 

 

Year ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Common stock options

 

 

2,063,574

 

 

 

1,702,337

 

 

 

1,026,510

 

Restricted common stock units

 

 

682,085

 

 

 

417,126

 

 

 

314,640

 

Common stock warrants

 

 

115

 

 

 

131

 

 

 

131

 

Restricted common stock awards

 

 

153,277

 

 

 

132,130

 

 

 

 

Total

 

 

2,899,051

 

 

 

2,251,724

 

 

 

1,341,281

 

 

As of December 31, 2016 and 2015, there was no dilutive impact of the common stock options, RSUs, common stock warrants and restricted stock awards. All other potentially dilutive instruments were converted into shares of common stock upon the closing of the Company’s IPO on June 18, 2014.