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Net Loss per Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Net Loss per Share

9. Net Loss per Share

Basic and diluted net loss per share was calculated as follows for the three months ended March 31, 2017 and 2016:

 

 

 

For the three months ended

March 31,

 

 

(In thousands)

 

2017

 

 

2016

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(23,879

)

 

$

(16,815

)

 

Net loss:

 

$

(23,879

)

 

$

(16,815

)

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic and

   diluted

 

 

31,704

 

 

 

21,570

 

 

Net loss per share, basic and diluted

 

$

(0.75

)

 

$

(0.78

)

 

 

Stock options and RSUs representing 3,504,000 and 2,378,000 weighted average shares of common stock were excluded from the computation of diluted net loss per share for the three months ended March 31, 2017 and 2016, respectively. These equity awards were excluded from the computations because the awards had an anti-dilutive impact due to the net loss incurred for those periods.