Basic and Diluted Net Loss per Common Share

3 Months Ended

Mar. 31, 2017

Basic and Diluted Net Loss per Common Share

Basic and Diluted Net Loss per Common Share

Note 10. Basic and Diluted Net Loss per Common Share

The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net loss attributable to common stockholders per common share (in thousands except share amounts):

	Three Months Ended March 31,
Historical	2017			2016
Numerator:
Net loss attributable to common stockholders	$	(54,992	)	$	(43,691	)

Denominator:
Weighted average common shares outstanding — basic and diluted	142,770,629			125,178,517

Dilutive Common Stock equivalents would include the dilutive effect of Common Stock options, convertible debt units, RSUs and warrants for Common Stock equivalents. Potentially dilutive Common Stock equivalents were excluded from the diluted earnings per share denominator for all periods because of their anti-dilutive effect.

The table below presents potential shares of Common Stock that were excluded from the computation as they were anti-dilutive using the treasury stock method (in thousands):

	Three Months Ended March 31,
	2017	2016

Options to purchase common stock	17,822	14,102
Convertible debt	40,850	—
Outstanding warrants, convertible to common stock	3,110	1,850
Unvested restricted stock units	3,022	479
Vested restricted stock units, unissued	50	—

Total number of potentially issuable shares	64,854	16,431