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Net Loss per Share
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Net Loss per Share

11. Net Loss per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows for the three and six months ended June 30, 2018 and 2017:

 

 

 

For the three months

ended June 30,

 

 

For the six months

ended June 30,

 

(In thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(43,875

)

 

$

(28,880

)

 

$

(85,444

)

 

$

(52,764

)

Net loss:

 

$

(43,875

)

 

$

(28,880

)

 

$

(85,444

)

 

$

(52,764

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares

   outstanding, basic and diluted

 

 

37,697

 

 

 

31,826

 

 

 

37,659

 

 

 

31,765

 

Net loss per share, basic and diluted

 

$

(1.16

)

 

$

(0.91

)

 

$

(2.27

)

 

$

(1.66

)

 

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,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Shares issuable upon conversion of the

   2024 Convertible Notes

 

 

7,515

 

 

 

4,927

 

 

 

7,515

 

 

 

2,464

 

Stock options

 

 

4,467

 

 

 

3,479

 

 

 

4,366

 

 

 

3,413

 

Restricted stock units

 

 

291

 

 

 

189

 

 

 

255

 

 

 

189

 

Total

 

 

12,273

 

 

 

8,595

 

 

 

12,136

 

 

 

6,066