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Net loss per share
 3 Months Ended
Mar. 31, 2016
Net loss per share  
Net loss per share

7.Net loss per share

 

Basic earnings per share is computed by dividing net loss available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period.

 

The following tables set forth the computation of basic and diluted net loss per share for common stockholders:

 

 

 

Three months ended March 31,

 

 

 

2016

 

2015

 

Numerator

 

 

 

 

 

Net loss attributable to common stockholders

 

$
(41,233

)

$
(37,915

)

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

Denominator for basic and diluted net loss per share

 
33,919,169

 
33,067,752

 

Net loss per share:

 

 

 

 

 

Basic and diluted

 

$
(1.22

)*

$
(1.15

)*

 

 

 

 

 

 

 

 

 

 

*In the three months ended March 31, 2016 and 2015, the Company experienced a net loss and therefore did not report any dilutive share impact.

 

The following table shows historical dilutive common share equivalents outstanding, which are not included in the above historical calculation, as the effect of their inclusion is anti-dilutive during each period.

 

 

 

As of March 31,

 

 

 

2016

 

2015

 

 

 

 

 

 

 

Stock Options

 
6,034,918 

 
4,627,833 

 

Unvested restricted stock awards and units

 
453,441 

 
364,970 

 

 

 

 

 

 

 

Total

 
6,488,359 

 
4,992,803