Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share (Tables)

v3.10.0.1
Net Loss Per Common Share (Tables)
 6 Months Ended
Jun. 30, 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 June 30,
 
Six months ended June 30,
 
2017
 
2018
 
2017
 
2018
 
(in thousands except per share amounts)
Numerator
 
 
 
 
 
 
 
Net loss
$
(275,136
)
 
$
(91,982
)
 
$
(407,403
)
 
$
(223,687
)
Less: Stock dividend payable and transaction costs
14,528

 
7,473

 
14,528

 
14,836

Net loss available to common stockholders
(289,664
)
 
(99,455
)
 
(421,931
)
 
(238,523
)
Denominator
 
 
 
 
 
 
 
Weighted-average basic and diluted common shares
241,320

 
259,822

 
239,428

 
256,397

Net loss per common share, basic and diluted
$
(1.20
)
 
$
(0.38
)
 
$
(1.76
)
 
$
(0.93
)
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,
 
2017
 
2018
 
(in thousands)
Shares issuable upon conversion of preferred stock
16,488

 
48,163

Restricted stock units
21,739

 
27,461

Shares issuable upon conversion of 2023 Notes
—

 
20,154

Options to purchase common stock
9,384

 
6,541

Performance awards*
1,993

 
1,016

Shares issuable pursuant to the ESPP
589

 
988

Total common stock equivalents
50,193

 
104,323

*Includes potential common shares outstanding for MSUs and PSUs