Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v2.4.1.9
Net Loss Per Share
 3 Months Ended
Mar. 31, 2015
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 months ended March 31, 2014 and 2015, 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,
 
2014
 
2015
 
(in thousands except per share
amounts)
Numerator
 

 
 

Net loss
$
(28,931
)
 
$
(48,257
)
Denominator
 

 
 

Weighted-average common shares outstanding used in computing basic and diluted net loss per share
199,857

 
209,928

Net loss per share, basic and diluted
$
(0.14
)
 
$
(0.23
)

 
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 March 31,
 
2014
 
2015
 
(in thousands)
Options to purchase common stock
13,518

 
10,787

Restricted stock units
11,752

 
15,764

Market stock units
—

 
776

Total common stock equivalents
25,270

 
27,327