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Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share

The following table sets forth the computation of the basic and diluted net loss per share for the periods indicated (in thousands, except per share amounts):

 

 

 

Three months ended
September 30,

 

 

 

Nine months ended
September 30,

 

 

 

2014

 

 

 

2013

 

 

 

2014

 

 

 

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(1,937

)

 

$

(9,363

)

 

$

(21,304

)

 

$

(29,887

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used to compute basic and diluted net loss per share

 

32,383

 

 

 

31,185

 

 

 

31,930

 

 

 

30,848

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per share

$

(0.06

)

 

$

(0.30

)

 

$

(0.67

)

 

$

(0.97

)

 

Potentially Dilutive Securities Excluded from Computation of Diluted Net Loss per Share Attributable to Common Stockholders

The Company has excluded the impact of the following outstanding employee stock options, restricted stock units, common stock warrants and shares expected to be issued under its employee stock purchase plan from the computation of diluted net loss per share, as their effect would have been antidilutive (in thousands):

 

 

Three Months Ended
September 30,

 

  

Nine Months Ended
September 30,

 

 

2014

 

  

2013

 

  

2014

 

  

2013

 

Employee stock options

 

3,735

  

  

 

3,980

  

  

 

3,735

  

  

 

3,980

  

Restricted stock units

 

668

 

 

 

1,136

 

 

 

668

 

 

 

1,136

 

Employee stock purchase plan

 

258

 

 

 

236

 

 

 

258

 

 

 

236

 

Common stock warrants

 

4

  

  

 

4

  

  

 

4

  

  

 

4

  

 

 

4,665

 

 

 

5,356

 

 

 

4,665

 

 

 

5,356