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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Computation of Net Loss Per Share
Net income (loss) per share was computed by dividing net loss by the weighted average number of common shares outstanding for the three and six months ended June 30, 2018 and 2017:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2018
 
2017
 
2018
 
2017
Basic weighted average shares outstanding
102,597,059

 
78,576,260

 
101,747,416

 
78,366,610

Effect of dilutive securities:


 


 


 


2018 Convertible Notes
3,854,959

 

 

 

Common stock options
3,870,462

 

 

 

Restricted stock awards
1,797,089

 

 

 

Restricted stock units
245,214

 

 

 

Common stock warrants
252,368

 

 

 

Diluted average shares outstanding
112,617,151

 
78,576,260

 
101,747,416

 
78,366,610

Net income (loss) as reported
$
13,744

 
$
(20,852
)
 
$
(2,074
)
 
$
(44,398
)
Interest attributable to 2018 Convertible Notes
886

 

 

 

Net income (loss) for diluted earnings per share
$
14,630

 
$
(20,852
)
 
$
(2,074
)
 
$
(44,398
)
Net income (loss) per share – basic
$
0.13

 
$
(0.27
)
 
$
(0.02
)
 
$
(0.57
)
Net income (loss) per share – diluted
$
0.13

 
$
(0.27
)
 
$
(0.02
)
 
$
(0.57
)
Schedule of Securities Excluded from Calculation of Net Loss Per Share
The below outstanding securities for the six months ended June 30, 2018 and three and six months ended June 30, 2017 were excluded from the calculation above because their impact under the “treasury stock method” and “if-converted method” would have been anti-dilutive due to our net loss per share in each respective period, as summarized below:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2018
 
2017
 
2018
 
2017
2018 Convertible Notes

 
10,454,799


3,854,959


10,454,799

Common stock options

 
1,271,207


4,396,587


1,110,474

Restricted stock awards

 
2,166,299


1,797,089


2,166,299

Restricted stock units

 
217,206


245,214


217,206

Common stock warrants

 
13,337


257,039


1,813

Total

 
14,122,848

 
10,550,888

 
13,950,591