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Net Loss Per Share
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 9. Net Loss Per Share

Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by giving effect to all potential shares of common stock, including outstanding share-based awards, to the extent dilutive. Basic and diluted net loss per share were the same for each period presented as the inclusion of all potential common stock outstanding would have been anti-dilutive.

The following table presents the calculation of basic and diluted net loss per share for the periods presented (in thousands, except per share data):

 

 

 

Three Months Ended

March 31,

 

 

 

2016

 

 

2015

 

Net loss

 

$

(27,171

)

 

$

(19,168

)

Basic shares:

 

 

 

 

 

 

 

 

Weighted-average shares used to compute basic net loss per share

 

 

90,519

 

 

 

76,338

 

Diluted shares:

 

 

 

 

 

 

 

 

Weighted-average shares used to compute diluted net loss per share

 

 

90,519

 

 

 

76,338

 

Net loss per share:

 

 

 

 

 

 

 

 

Basic and diluted

 

$

(0.30

)

 

$

(0.25

)

 

The anti-dilutive securities excluded from the shares used to calculate the diluted net loss per share are as follows (in thousands):

 

 

 

As of March 31,

 

 

 

2016

 

 

2015

 

Shares subject to outstanding common stock options and employee stock

   purchase plan

 

 

10,500

 

 

 

12,637

 

Restricted stock units

 

 

6,967

 

 

 

4,319

 

 

 

 

17,467

 

 

 

16,956