XML 44 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Net Income (Loss) Per Share (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Net Income (Loss) Per Share
The following table sets forth a reconciliation of basic and diluted net income (loss) per share (in thousands, except per share amounts):
 
Three Months Ended March 31,
 
2017
 
2016
Net income (loss)
$
16,700

 
$
(59,223
)
Net income allocated to participating securities - 2014 Warrants
(57
)
 
—

Net income allocable to common stock for basic net income (loss) per share
16,643

 
(59,223
)
Adjustment to net income allocated to participating securities
3

 
—

Net income allocable to common stock for diluted net income (loss) per share
$
16,646

 
$
(59,223
)
 
 
 
 
Weighted-average shares of common stock outstanding
290,870

 
228,304

Dilutive securities:
 
 
 
Outstanding stock options, unvested RSUs and ESPP contributions
18,665

 
—

Weighted-average shares of common stock outstanding and dilutive securities
309,535

 
228,304

 
 
 
 
Net income (loss) per share, basic
$
0.06

 
$
(0.26
)
Net income (loss) per share, diluted
$
0.05

 
$
(0.26
)
Schedule of Potential Shares of Common Stock Not Included in Computation of Diluted Net Loss Per Share
The following table sets forth potentially dilutive shares of common stock that are not included in the computation of diluted net income (loss) per share because to do so would be anti-dilutive (in thousands): 
 
March 31
 
2017
 
2016
2019 Notes
—

 
54,118

Deerfield Notes
33,890

 
33,890

Outstanding stock options, unvested RSUs and ESPP contributions
1,396

 
31,364

Warrants
—

 
1,000

Total potentially dilutive shares
35,286

 
120,372