Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.4.0.3
Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

The computation of the Company’s basic and diluted net loss per share are as follows (in thousands, except per share amounts):

 

 

 

Three Months Ended March 31,

 

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

13,134

 

 

$

(17,995

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares used to compute net

   income (loss) per share attributable to common

   stockholders, basic

 

 

101,273

 

 

 

24,427

 

Weighted average effect of potentially dilutive

   shares to purchase common stock

 

 

2,946

 

 

 

 

Weighted average shares used to compute net

   income (loss) per share attributable to common

   stockholders, diluted

 

 

104,219

 

 

 

24,427

 

Net income (loss) per share attributable to common

   stockholders

 

 

 

 

 

 

 

 

Basic

 

$

0.13

 

 

$

(0.74

)

Diluted

 

$

0.13

 

 

$

(0.74

)

 

Schedule of Shares Excluded from Computation of Earnings Per Share

 

The following shares were excluded from the computation of diluted net income (loss) per share as the impact of including those shares would be anti-dilutive:

 

 

 

Three Months Ended March 31,

 

 

 

2016

 

 

2015

 

Preferred stock

 

 

 

 

 

54,841

 

Warrants

 

 

1,251

 

 

 

 

Outstanding stock options

 

 

8,460

 

 

 

10,610

 

Unvested restricted stock units

 

 

1,944

 

 

 

 

Total

 

 

11,655

 

 

 

65,451