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Net Loss Per Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share
Basic net loss per share is computed by dividing net loss for the period by the weighted-average number of shares outstanding during the period, less shares repurchased. In periods of net loss, all potential common shares are anti-dilutive, so diluted net loss per share equals the basic net loss per share. In periods of net income, diluted net income per share is computed by dividing net income for the period by the basic weighted-average number of shares plus any dilutive potential common stock outstanding during the period. Potential common stock includes the effect of outstanding dilutive stock options, restricted stock awards and restricted stock units computed using the treasury stock method. Any anti-dilutive weighted-average dilutive shares related to stock award plans are excluded from the computation of the diluted net income per share.
The calculation of basic and diluted net loss per share for the three months ended March 31, 2017 and March 31, 2016 is as follows:
 
Three months ended March 31,
 
2017
 
2016
 
(In thousands, except per share data)
Net loss
$
(10,754
)
 
$
(378
)
Weighted-average shares outstanding — basic
36,840

 
35,740

Effect of dilutive securities from stock award plans

 

Weighted-average shares outstanding — diluted
36,840

 
35,740

Net loss per share - basic and diluted
$
(0.29
)
 
$
(0.01
)
 
 
 
 
Anti-dilutive weighted-average shares related to stock award plans
4,236

 
2,045