Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share (Tables)

v3.8.0.1
Net Loss Per Common Share (Tables)
 9 Months Ended
Sep. 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 September 30,
 
Nine months ended September 30,
 
2016
 
2017
 
2016
 
2017
 
(in thousands except per share amounts)
 
(in thousands except per share amounts)
Numerator
 
 
 
 
 
 
 
Net loss
$
(61,534
)
 
$
(66,243
)
 
$
(252,969
)
 
$
(473,646
)
Less: Stock dividend payable and transaction costs
—

 
18,319

 
—

 
32,847

Net loss available to common stockholders
(61,534
)
 
(84,562
)
 
(252,969
)
 
(506,493
)
Denominator
 
 
 
 
 
 
 
Weighted-average basic and diluted common shares
232,139

 
245,810

 
229,524

 
241,579

Net loss per common share, basic and diluted
$
(0.27
)
 
$
(0.34
)
 
$
(1.10
)
 
$
(2.10
)
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 September 30,
 
2016
 
2017
 
(in thousands)
Options to purchase common stock
9,665

 
6,206

Restricted stock units
23,554

 
20,990

Performance awards*
2,315

 
1,486

Shares issuable pursuant to the ESPP
589

 
859

Total common stock equivalents
36,123

 
29,541

*Includes potential common shares outstanding for MSUs and PSUs