XML 31 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
Net Loss Per Common Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted net loss per common share is calculated as follows (in thousands, except share and per share data):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net loss
$
(4,532
)
 
$
(17,173
)
 
$
(18,703
)
 
$
(49,022
)
Less: net loss attributable to noncontrolling interest
458

 
539

 
2,073

 
1,920

Net loss attributable to On Deck Capital, Inc. common stockholders
$
(4,074
)
 
$
(16,634
)
 
$
(16,630
)
 
$
(47,102
)
Denominator:
 
 
 
 
 
 
 
Weighted-average common shares outstanding, basic and diluted
73,272,085

 
70,971,895

 
72,613,221

 
70,750,037

Net loss per common share, basic and diluted
$
(0.06
)
 
$
(0.23
)
 
$
(0.23
)
 
$
(0.67
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following common share equivalent securities have been excluded from the calculation of weighted-average common shares outstanding because the effect is anti-dilutive for the periods presented: 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Anti-Dilutive Common Share Equivalents
 
 
 
 
 
 
 
Warrants to purchase common stock
22,000

 
22,000

 
22,000

 
22,000

Restricted stock units
3,528,871

 
4,225,480

 
3,528,871

 
4,225,480

Stock options
8,227,736

 
11,997,551

 
8,227,736

 
11,997,551

Employee stock purchase program
34,820

 
40,706

 
34,820

 
40,706

Total anti-dilutive common share equivalents
11,813,427

 
16,285,737

 
11,813,427


16,285,737