Net (Loss)/Income Per Share

12 Months Ended

Dec. 31, 2016

Net (Loss)/Income Per Share

Net (Loss)/Income Per Share

NOTE 2 — NET (LOSS)/INCOME PER SHARE

The Company computes basic net income/(loss) per share by dividing its net income/(loss) for the period by the weighted average number of common shares outstanding during the period less the weighted average common shares subject to restrictions imposed by the Company. Diluted net income/(loss) per share reflects the potential dilution that could occur from common shares issuable through stock-based compensation plans (including stock options, RSUs and common stock issuable through the Company’s ESPP), and warrants by application of the treasury stock method. 

	Year Ended December 31,
	2016		2015		2014
Net (loss)/income	$	(87,440)	$	(7,185)	$	8,148
Basic and diluted shares used to compute net (loss)/income per share:
Weighted average common shares outstanding		132,808		122,414		93,575
Weighted average common shares subject to restrictions		(1,004)		(3,639)		(1,749)
Weighted average shares used to compute basic net (loss)/income per share		131,804		118,775		91,826
Dilutive potential common shares		—		—		5,096
Weighted average shares used to compute diluted net (loss)/income per share		131,804		118,775		96,922
Basic net (loss)/income per share		(0.66)		(0.06)		0.09
Diluted net (loss)/income per share		(0.66)		(0.06)		0.08

The following weighted average options to purchase common stock, warrants to purchase common stock, shares of common stock subject to restrictions and RSUs have been excluded from the computation of diluted net income/(loss) per share of common stock for the periods presented because including them would have had an anti-dilutive effect:

	Year Ended December 31,
	2016		2015		2014
Warrants to purchase common stock		4,267		3,832		2,362
Unvested common shares subject to restrictions		1,004		3,639		1,596
Options to purchase common stock		8,490		6,804		6,347
RSUs		7,688		5,776		2,746
	$	21,449	$	20,051	$	13,051