Net Loss per Share

3 Months Ended

Mar. 31, 2017

Net Loss Per Share [Abstract]

Net Loss per Share

13.Net Loss per Share

The following table sets forth the computation of basic and diluted net loss per share for the three months ended March 31, 2017 and 2016 (in thousands, except per share data):

	Three Months Ended
	March 31,
	2017		2016
Numerator:
Net loss	$	(12,833)	$	(19,447)
Denominator:
Weighted–average shares outstanding		90,441		82,987
Less: weighted average shares subject to repurchase		(2)		(10)
Weighted–average shares used to compute basic and diluted net loss per share		90,439		82,977
Basic and diluted net loss per share	$	(0.14)	$	(0.23)

Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Because we have reported a net loss for the three months ended March 31, 2017 and 2016, the number of shares used to calculate diluted net loss per common share is the same as the number of shares used to calculate basic net loss per common share for those periods presented because the potentially dilutive shares would have been anti-dilutive if included in the calculation.

The following potentially dilutive securities outstanding have been excluded from the computation of diluted weighted-average shares outstanding because such securities have an antidilutive impact due to losses reported (in common stock equivalent shares):

	March 31,	March 31,
	2017	2016
Options to purchase common stock and unvested restricted stock units	20,335,574	20,626,438