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)
 3 Months Ended
Mar. 31, 2018
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 March 31,
 
2017
 
2018
 
(in thousands except per share amounts)
Numerator
 
 
 
Net loss
$
(132,267
)
 
$
(131,705
)
Less: Stock dividend payable and transaction costs
—

 
7,363

Net loss available to common stockholders
(132,267
)
 
(139,068
)
Denominator
 
 
 
Weighted-average basic and diluted common shares
237,515

 
252,934

Net loss per common share, basic and diluted
$
(0.56
)
 
$
(0.55
)
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 March 31,
 
2017
 
2018
 
(in thousands)
Shares issuable upon conversion of preferred stock
—

 
47,449

Restricted stock units
23,830

 
17,873

Options to purchase common stock
9,367

 
6,290

Performance awards*
2,056

 
1,016

Shares issuable pursuant to the ESPP
604

 
1,007

Total common stock equivalents
35,857

 
73,635

*Includes potential common shares outstanding for MSUs and PSUs