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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Loss per Share

Basic and diluted net loss per share was calculated as follows for the three and six months ended June 30, 2017 and 2016:

 

 

 

For the three months ended

June 30,

 

 

For the six months ended

June 30,

 

 

(In thousands)

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(28,880

)

 

$

(14,185

)

 

$

(52,764

)

 

$

(31,000

)

 

Net loss:

 

$

(28,880

)

 

$

(14,185

)

 

$

(52,764

)

 

$

(31,000

)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic and

   diluted

 

 

31,826

 

 

 

22,666

 

 

 

31,765

 

 

 

22,115

 

 

Net loss per share, basic and diluted

 

$

(0.91

)

 

$

(0.63

)

 

$

(1.66

)

 

$

(1.40

)

 

 

Schedule of Common Stock Equivalents Excluded from Calculation of Diluted Net Loss Per Share, as Including them Would have Anti-dilutive Effect

The following common stock equivalents were excluded from the calculation of diluted net loss per share for the periods indicated as including them would have an anti-dilutive effect:

  

 

For the three months ended

June 30,

 

 

For the six months ended

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

Shares issuable upon conversion of the 2024 convertible notes

 

4,926,458

 

 

 

 

 

 

2,463,229

 

 

 

 

 

Stock options

 

3,479,243

 

 

 

2,208,247

 

 

 

3,413,197

 

 

 

2,249,559

 

 

Restricted stock units

 

189,300

 

 

 

189,130

 

 

 

189,300

 

 

 

186,078

 

 

Total

 

8,595,001

 

 

 

2,397,377

 

 

 

6,065,726

 

 

 

2,435,637