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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Summary of Reconciliation of the Denominator Used in the Calculation of Basic and Diluted Loss Per Share

A reconciliation of the denominator used in the calculation of basic and diluted loss per share is as follows (in thousands, except per share amounts):

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(20,923

)

 

$

(11,472

)

 

$

(57,814

)

 

$

(35,878

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total weighted average common shares

   outstanding—basic

 

 

37,250

 

 

 

34,895

 

 

 

36,585

 

 

 

33,934

 

Dilutive effect of share equivalents resulting from stock

   options and restricted stock units

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Weighted average common shares outstanding-diluted

 

 

37,250

 

 

 

34,895

 

 

 

36,585

 

 

 

33,934

 

Net loss per common share, basic and diluted

 

$

(0.56

)

 

$

(0.33

)

 

$

(1.58

)

 

$

(1.06

)

Summary of Shares Excluded from Calculation of Diluted Loss Per Share with a Potential Dilutive Impact The following table contains share totals with a potentially dilutive impact (in thousands):

 

 

 

As of September 30,

 

 

 

2019

 

 

2018

 

Options to purchase common stock

 

 

866

 

 

 

1,378

 

Restricted stock units

 

 

2,747

 

 

 

1,611

 

Employee stock purchase plan

 

 

70

 

 

 

76

 

Total

 

 

3,683

 

 

 

3,065