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Net income (loss) per share
9 Months Ended
Sep. 30, 2015
Net income (loss) per share  
Net income (loss) per share

11.    Net income (loss) per share

 

Net income (loss) per share was calculated as follows for the periods indicated:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

(in thousands, except per share data)

    

 

2015

    

2014

    

 

2015

    

2014

 

Basic Net Income (Loss) Per Share

  

 

 

  

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(39,582)

 

$

59,293

 

$

(48,645)

 

$

(11,538)

 

Weighted average common shares outstanding

 

 

181,387

 

 

168,592

 

 

177,378

 

 

167,288

 

 

  

 

 

  

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share

  

$

(0.22)

  

$

0.35

 

$

(0.27)

 

$

(0.07)

 

 

  

 

 

  

 

 

 

 

 

 

 

 

Diluted Net Income (Loss) Per Share

  

 

 

  

 

 

 

 

 

 

 

 

 

Diluted net income (loss)

 

$

(39,582)

  

$

62,167

 

$

(48,645)

 

$

(11,538)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

181,387

 

 

168,592

 

 

177,378

 

 

167,288

 

Dilutive stock options and RSU’s

 

 

 —

 

 

10,038

 

 

 —

 

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive 2015 Notes

 

 

 —

 

 

10,416

 

 

 —

 

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used to compute diluted net income (loss) per share

  

 

181,387

 

 

189,046

 

 

177,378

 

 

167,288

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income (loss) per share

  

$

(0.22)

  

$

0.33

 

$

(0.27)

 

$

(0.07)

 

 

The following potential common shares were excluded from the calculations as their effect would be anti-dilutive:

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

    

2015

    

2014

    

2015

    

2014

    

Stock options and awards

 

12,520,799

 

2,275,884

 

12,520,799

 

17,328,082

 

Common shares issuable upon conversion of the 2015 Notes

 

632

 

 —

 

632

 

10,415,861

 

Common shares issuable upon conversion of the 2018 Notes

 

7,245,263

 

7,245,263

 

7,245,263

 

7,245,263

 

Common shares issuable upon conversion of the 2020 Notes

 

7,245,225

 

7,245,263

 

7,245,225

 

7,245,263

 

Total potential common shares excluded from diluted net income (loss) per share computation

 

27,011,919

 

16,766,410

 

27,011,919

 

42,234,469