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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Net income (loss)
$
17,656

 
$
(34,838
)
 
$
34,356

 
$
(94,061
)
Net income allocated to participating securities
(60
)
 

 
(117
)
 

Net income allocable to common stock for basic net income (loss) per share
17,596

 
(34,838
)
 
34,239

 
(94,061
)
Adjustment to net income allocated to participating securities
4

 

 
7

 

Net income allocable to common stock for diluted net income (loss) per share
$
17,600

 
$
(34,838
)
 
$
34,246

 
$
(94,061
)
 
 
 
 
 
 
 
 
Weighted-average shares of common stock outstanding
293,188

 
229,310

 
292,029

 
228,860

Dilutive securities:
 
 
 
 
 
 
 
Outstanding stock options, unvested RSUs and ESPP contributions
18,031

 

 
18,730

 

Weighted-average shares of common stock outstanding and dilutive securities
311,219

 
229,310

 
310,759

 
228,860

 
 
 
 
 
 
 
 
Net income (loss) per share, basic
$
0.06

 
$
(0.15
)
 
$
0.12

 
$
(0.41
)
Net income (loss) per share, diluted
$
0.06

 
$
(0.15
)
 
$
0.11

 
$
(0.41
)
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): 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Outstanding stock options, unvested RSUs and ESPP contributions
1,747

 
30,637

 
1,633

 
30,637

2019 Notes

 
54,118

 

 
54,118

Deerfield Notes

 
33,890

 

 
33,890

Warrants

 
1,000

 

 
1,000

Total potentially dilutive shares
1,747

 
119,645

 
1,633

 
119,645