Sirius XM Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

Net Loss Per Share

3 Months Ended

Mar. 31, 2014

9. Net Loss Per Share

Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period.

Diluted net loss per share is computed by giving effect to all potential shares of common stock, including stock options and restricted stock units, to the extent dilutive. Basic and diluted net loss per share were the same for the three months ended March 31, 2013 and 2014, as the inclusion of all potential common shares outstanding would have been anti-dilutive.

The following table sets forth the computation of historical basic and diluted net loss per share:

	Three months ended
	March 31,
	2013			2014
	(in thousands except per share amounts)
Numerator:
Net loss	$	(38,686	)	$	(28,931	)

Denominator:
Weighted-average common shares outstanding used in computing basic and diluted net loss per share	172,733			199,857
Net loss per share, basic and diluted	$	(0.22	)	$	(0.14	)

The following potential common shares outstanding were excluded from the computation of diluted net loss per share because including them would have been anti-dilutive:

	Three months ended
	March 31,	March 31,
	2013	2014
	(in thousands)
Options to purchase common stock	26,047	13,518
Restricted stock units	7,886	11,752
Total common stock equivalents	33,933	25,270

- Definition

The entire disclosure for earnings per share.

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