Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.3.0.814
Net Loss Per Share
 9 Months Ended
Sep. 30, 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, restricted stock units and market 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, 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 September 30,
 
Nine months ended September 30,
 
2014
 
2015
 
2014
 
2015
 
(in thousands except per share amounts)
Numerator
 

 
 

 
 
 
 
Net loss
$
(2,025
)
 
$
(85,930
)
 
$
(42,684
)
 
$
(150,252
)
Denominator
 

 
 

 
 
 
 
Weighted-average common shares outstanding used in computing basic and diluted net loss per share
206,982

 
212,760

 
204,208

 
211,487

Net loss per share, basic and diluted
$
(0.01
)
 
$
(0.40
)
 
$
(0.21
)
 
$
(0.71
)

 
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,
 
2014
 
2015
 
(in thousands)
Options to purchase common stock
11,571

 
10,492

Restricted stock units
11,339

 
16,653

Market stock units
—

 
776

Total common stock equivalents
22,910

 
27,921