Basic and Diluted Net Loss per Common Share

9 Months Ended

Sep. 30, 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 September 30,						Nine Months Ended September 30,
(In thousands, except per share amounts)	2017			2016			2017			2016
Numerator:
Net loss attributable to common stockholders	$	(111,666	)	$	(46,654	)	$	(214,794	)	$	(141,395	)
Denominator:
Weighted average common shares outstanding — basic and diluted	160,796,841			140,656,109			148,963,864			131,675,690

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):

	As of September 30,
	2017	2016
Options to purchase common stock	16,212	15,773
Convertible debt	40,850	—
Outstanding warrants, convertible to common stock	3,110	3,110
Unvested restricted stock units	2,690	839
Vested restricted stock units, unissued	50	—

Total number of potentially issuable shares	62,912	19,722