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Net Loss Per Ordinary Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Ordinary Share Outstanding

Basic loss per share is computed by dividing net loss attributable to ordinary shareholders by the weighted-average number of ordinary shares outstanding:

 

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

 

 

(in thousands except share and per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to ordinary shareholders

 

$

(146,653

)

 

$

(101,980

)

 

$

(55,660

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average ordinary shares outstanding

 

 

28,970,404

 

 

 

26,513,382

 

 

 

22,800,628

 

Net loss per share, basic and diluted

 

$

(5.06

)

 

$

(3.85

)

 

$

(2.44

)

Anti-Dilutive Shares Excluded from Calculation of Diluted Net Loss Per Ordinary Share

The following potential ordinary shares, presented based on amounts outstanding at each period end, were excluded from the calculation of diluted net loss per share attributable to ordinary shareholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

As of December 31,

 

 

 

2018

 

 

2017

 

Options to purchase ordinary shares

 

 

4,016,590

 

 

 

3,767,130

 

RSUs

 

 

408,521

 

 

 

154,459

 

Series A preferred shares

 

 

3,901,348

 

 

 

3,901,348