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Net Loss per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Net Loss per Share Net Loss per Share
Basic net loss per share is computed by dividing net loss available to common shares by the weighted-average number of common shares outstanding during the period. Diluted net loss per share is computed by dividing net loss available to common shares by the diluted weighted-average number of common shares outstanding during the period, which reflects the dilutive effect of potential common shares using the treasury stock method.
For purposes of the diluted net loss per share computation, all potential common shares that would be dilutive were excluded because their effect would be anti-dilutive due to the net loss available to common shares. As a result, basic net loss per share is equal to diluted net loss per share for each period presented.
The computations of basic and diluted net loss per share for the periods presented are as follows:
 
For the Quarters Ended
 
For the Six Months Ended
(in thousands, except per share amounts)
June 30,
2019
 
June 30,
2018
 
June 30,
2019
 
June 30,
2018
Numerator:
 
 
 
 
 
 
 
Net loss
$
(104,057
)
 
$
(66,705
)
 
$
(170,527
)
 
$
(224,142
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding, basic and diluted
749,575

 
750,009

 
752,895

 
739,354

 
 
 
 
 
 
 
 
Net loss per share, basic and diluted
$
(0.14
)
 
$
(0.09
)
 
$
(0.23
)
 
$
(0.30
)