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Net Loss Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

 

 

December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Basic and diluted net loss per share (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(112,444

)

 

$

(106,794

)

 

$

(90,722

)

Denominator for basic and diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

38,506

 

 

 

32,881

 

 

 

26,289

 

Basic and diluted net loss per share

 

$

(2.92

)

 

$

(3.25

)

 

$

(3.45

)

 

 

December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Outstanding securities not included in diluted net loss per share calculation (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and stock awards

 

 

4,673

 

 

 

3,086

 

 

 

1,998

 

Series B Convertible Preferred Stock (as converted to common stock)

 

 

-

 

 

 

-

 

 

 

4,343

 

Warrants

 

 

-

 

 

 

-

 

 

 

1,081

 

 

 

 

4,673

 

 

 

3,086

 

 

 

7,422