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Loss Per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Loss Per Share

7.

Loss Per Share

The Company calculates basic (loss) earnings per share by dividing (loss) income allocable to common stockholders by the weighted average number of common shares outstanding. The Company computes diluted (loss) earnings per share after giving consideration to the dilutive effect of stock options and unvested restricted stock that are outstanding during the period, except where such securities would be anti-dilutive.

Basic and diluted loss per share attributable to common stockholders was calculated as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2018

 

 

2017

 

 

 

(In thousands)

 

Net loss

 

$

(21,356

)

 

$

(12,631

)

Weighted average shares outstanding, basic

   and diluted

 

 

42,043

 

 

 

34,723

 

Net loss per share attributable to common

   stockholders, basic and diluted

 

$

(0.51

)

 

$

(0.36

)

 

The following common stock equivalents were excluded from the calculation of diluted loss per share because their inclusion would have been anti-dilutive:

 

 

 

Periods Ended March 31,

 

 

 

2018

 

 

2017

 

 

 

(In thousands)

 

Unvested restricted stock

 

 

400

 

 

 

1,175

 

Stock options

 

 

4,771

 

 

 

4,373

 

Total

 

 

5,171

 

 

 

5,548