Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Dilutive weighted average securities were excluded from the calculation of diluted net income (loss) per share attributable to common stockholders during the periods

The following potentially dilutive weighted average securities were excluded from the calculation of diluted net income (loss) per share attributable to common stockholders during the periods presented as the effect was anti-dilutive:



	Three Months Ended September 30, 2015	Three Months Ended September 30, 2014	Nine Months Ended September 30, 2015	Nine Months Ended September 30, 2014
Options to purchase common stock	87,026	87,026	87,026	87,026
Restricted stock units	709	—	709	—
Stock appreciation rights	2,430,414	1,137,743	2,120,550	1,401,144
Warrants to purchase common stock	—	—	—	17,916
Convertible notes	10,838,218	10,838,218	10,838,218	4,764,052
Total	13,356,367	12,062,987	13,046,503	6,270,138

Calculation of diluted net income per share

The following table presents the calculation of diluted net loss per share:



	Three Months Ended September 30, 2015			Three Months Ended September 30, 2014		Nine Months Ended September 30, 2015			Nine Months Ended September 30, 2014
Net income (loss) attributable to the Company’s common stockholders - Basic	$	(15,675	)	$	4,504	$	(55,783	)	$	13,362
Plus: distributed dividends to Preferred Stockholders	—			—		—			40
Less: effect of participating securities	—			—		—			(406		)
Net income (loss) attributable to common stockholders - Dilutive	$	(15,675	)	$	4,504	$	(55,783	)	$	12,996
Shares:
Weighted-average shares used to compute basic net income (loss) per share	43,844,005			42,374,768		43,979,266			40,216,467
Adjustment to reflect warrants to purchase common stock	—			17,916		—			—
Adjustment to reflect stock appreciation right conversions	—			39,321		—			12,462
Weighted-average shares used to compute diluted net income (loss) per share	43,844,005			42,432,005		43,979,266			40,228,929
Net income (loss) per share attributable to common stockholders:
Diluted	$	(0.36	)	$	0.11	$	(1.27	)	$	0.32