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)
 9 Months Ended
Sep. 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 September 30,
 
Nine months ended September 30,
 
2017
 
2018
 
2017
 
2018
 
(in thousands except per share amounts)
Numerator
 
 
 
 
 
 
 
Net loss
$
(66,243
)
 
$
(63,666
)
 
$
(473,646
)
 
$
(287,353
)
Less: Stock dividend payable and transaction costs
18,319

 
7,585

 
32,847

 
22,421

Net loss available to common stockholders
(84,562
)
 
(71,251
)
 
(506,493
)
 
(309,774
)
Denominator
 
 
 
 
 
 
 
Weighted-average basic and diluted common shares
245,810

 
268,058

 
241,579

 
260,327

Net loss per common share, basic and diluted
$
(0.34
)
 
$
(0.27
)
 
$
(2.10
)
 
$
(1.19
)
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,
 
2017
 
2018
 
(in thousands)
Shares issuable upon conversion of preferred stock
46,057

 
48,883

Restricted stock units
20,990

 
25,614

Shares issuable upon conversion of 2023 Notes
—

 
20,154

Options to purchase common stock
6,206

 
6,368

Performance awards*
1,486

 
875

Shares issuable pursuant to the ESPP
859

 
848

Total common stock equivalents
75,598

 
102,742

*Includes potential common shares outstanding for Market Stock Units and Performance Stock Units