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Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted net income (loss) per share of common stock for the three and six months ended June 30, 2017 (in thousands, except share amounts and per share amounts):
 
 
Three Months Ended June 30, 2017
 
Six Months Ended June 30, 2017
Basic and diluted net income (loss) per share:
 
 
 
 
Numerator
 
 
 
 
Net income (loss) - continuing operations
 
$
(5,403
)
 
$
(26,272
)
Less: Net income (loss) attributable to noncontrolling interests
 
2,547

 
6,579

Net income (loss) attributable to common stockholders - continuing operations
 
$
(7,950
)
 
$
(32,851
)
Net income (loss) attributable to common stockholders - discontinued operations
 
(1,376
)
 
(889
)
Net income (loss) attributable to common stockholders
 
$
(9,326
)
 
$
(33,740
)
Denominator
 
 
 
 
Weighted-average common shares outstanding
 
559,762,180

 
560,978,712

Basic and diluted net income (loss) per share (1):
 
 
 
 
Continuing operations
 
$
(0.01
)
 
$
(0.06
)
Discontinued operations
 
(0.01
)
 

Basic and diluted net income (loss) per share
 
$
(0.02
)
 
$
(0.06
)

(1)
The potentially dilutive impacts of outstanding equity awards, warrants and convertible senior notes have been excluded from the calculation of dilutive net income (loss) per share for the three and six months ended June 30, 2017 as their effect on net income (loss) per share from continuing operations was antidilutive.
The following table sets forth the computation of basic and diluted net income (loss) per share of common stock for the three and six months ended June 30, 2016 (in thousands, except share amounts and per share amounts):
 
 
Three Months Ended June 30, 2016
 
Six Months Ended June 30, 2016
 
 
Class A
 
Class B
 
Class A
 
Class B
Basic and diluted net income (loss) per share:
 
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
 
Allocation of net income (loss) - continuing operations
 
$
(48,565
)
 
$
(203
)
 
$
(91,923
)
 
$
(384
)
Less: Allocation of net income (loss) attributable to noncontrolling interests
 
3,160

 
13

 
6,668

 
28

Allocation of net income (loss) attributable to common stockholders - continuing operations
 
$
(51,725
)
 
$
(216
)
 
$
(98,591
)
 
$
(412
)
Allocation of net income (loss) attributable to common stockholders - discontinued operations
 
(2,951
)
 
(12
)
 
(4,999
)
 
(21
)
Allocation of net income (loss) attributable to common stockholders
 
$
(54,676
)
 
$
(228
)
 
$
(103,590
)
 
$
(433
)
Denominator
 

 

 

 

Weighted-average common shares outstanding
 
574,503,028

 
2,399,976

 
577,427,365

 
2,399,976

Basic and diluted net income (loss) per share (1):
 


 


 
 
 
 
Continuing operations
 
$
(0.09
)
 
$
(0.09
)
 
$
(0.17
)
 
$
(0.17
)
Discontinued operations
 
(0.01
)
 
(0.01
)
 
(0.01
)
 
(0.01
)
Basic and diluted net income (loss) per share
 
$
(0.10
)
 
$
(0.10
)
 
$
(0.18
)
 
$
(0.18
)
(1)
The potentially dilutive impacts of a conversion of Class B to Class A shares, outstanding equity awards, warrants and convertible senior notes have been excluded from the calculation of dilutive net income (loss) per share for the three and six months ended June 30, 2016 as their effect on net income (loss) per share from continuing operations was antidilutive.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following weighted-average outstanding potentially-dilutive securities are not included in the diluted net income (loss) per share calculations above because they would have had an antidilutive effect on the net income (loss) per share from continuing operations:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
Stock options
 
1,052,147

 
1,241,917

 
1,055,030

 
1,353,100

Restricted stock units
 
30,134,808

 
35,796,752

 
27,247,728

 
36,992,033

Restricted stock
 
1,219,018

 
1,219,018

 
1,219,018

 
1,456,165

ESPP shares
 
1,165,910

 
1,219,133

 
1,225,480

 
1,315,666

Performance share units
 

 

 
167,912

 

Convertible senior notes
 
46,296,300

 
44,261,298

 
46,296,300

 
22,130,649

Warrants
 
46,296,300

 
26,455,029

 
46,296,300

 
13,227,514

Total
 
126,164,483

 
110,193,147

 
123,507,768

 
76,475,127