XML 35 R19.htm IDEA: XBRL DOCUMENT v3.22.0.1
Net Loss Per Share
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
The table below provides a reconciliation of the numerators and denominators of basic and diluted net loss per share for the years ended December 31, 2021, 2020 and 2019 (in thousands, except per share amounts):
Year Ended
December 31,
202120202019
Numerators:
Net loss$(63,993)$(468,383)$(231,808)
Less: Income attributable to unvested restricted stock awards— — — 
Numerator for basic net loss per share(63,993)(468,383)(231,808)
Effect of dilutive securities:
Unvested restricted stock awards— — — 
Numerator for diluted net loss per share$(63,993)$(468,383)$(231,808)
Denominators:
Weighted average number of common shares outstanding61,314 60,953 60,424 
Less: Weighted average number of unvested restricted stock awards outstanding(1,021)(1,141)(1,045)
Denominator for basic and diluted net loss per share60,293 59,812 59,379 
Net loss per share:
Basic$(1.06)$(7.83)$(3.90)
Diluted(1.06)(7.83)(3.90)
The calculation of diluted net loss per share for the years ended December 31, 2021, 2020 and 2019 excluded 430 thousand shares, 582 thousand shares and 659 thousand shares, respectively, issuable pursuant to outstanding stock options, due to their antidilutive effect. Additionally, shares issuable upon conversion of both the 2023 Notes and the 2026 Notes were excluded due to, among other factors, their antidilutive effect.