Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share (Tables)

v3.7.0.1
Net Loss Per Common Share (Tables)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of the computation of historical basic and diluted net loss per share The following table sets forth the computation of historical basic and diluted net loss per common share:
 
 
Three months ended June 30,
 
Six months ended June 30,
 
2016
 
2017
 
2016
 
2017
 
(in thousands except per share amounts)
 
(in thousands except per share amounts)
Numerator
 
 
 
 
 
 
 
Net loss
$
(76,333
)
 
$
(275,136
)
 
$
(191,435
)
 
$
(407,403
)
Less: Stock dividend payable to preferred stockholders
—

 
(14,528
)
 
—

 
(14,528
)
Net loss available to common stockholders
(76,333
)
 
(289,664
)
 
(191,435
)
 
(421,931
)
Denominator
 
 
 
 
 
 
 
Weighted-average basic and diluted common shares
229,745

 
241,320

 
228,202

 
239,428

Net loss per common share, basic and diluted
$
(0.33
)
 
$
(1.20
)
 
$
(0.84
)
 
$
(1.76
)
Schedule of potential common shares outstanding excluded from the computation of diluted net loss per share The following potential common shares outstanding were excluded from the computation of diluted net loss per common share because including them would have been anti-dilutive:
 
 
As of June 30,
 
2016
 
2017
 
(in thousands)
Options to purchase common stock
10,027

 
9,384

Restricted stock units
23,906

 
21,739

Performance awards*
2,416

 
1,993

Shares issuable pursuant to the ESPP
720

 
589

Total common stock equivalents
37,069

 
33,705

*Includes potential common shares outstanding for MSUs and PSUs