Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v2.4.0.8
Net Loss Per Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Net Loss Per Share
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 and nine months ended September 30, 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 September 30,
 
Nine months ended September 30,
 
2013
 
2014
 
2013
 
2014
 
(in thousands except per share
amounts)
 
(in thousands except per share
amounts)
Numerator:
 

 
 

 
 

 
 

Net loss
$
(4,092
)
 
$
(2,025
)
 
$
(49,680
)
 
$
(42,684
)
Denominator:
 

 
 

 
 

 
 

Weighted-average common shares outstanding used in computing basic and diluted net loss per share
178,635

 
206,982

 
175,407

 
204,208

Net loss per share, basic and diluted
$
(0.02
)
 
$
(0.01
)
 
$
(0.28
)
 
$
(0.21
)

 
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:
 
 
As of September 30,
 
2013
 
2014
 
(in thousands)
Options to purchase common stock
23,859

 
11,571

Restricted stock units
10,340

 
11,339

Total common stock equivalents
34,199

 
22,910