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Earnings Per Share
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Basic earnings per share (“EPS”) excludes dilution and is computed by dividing net income (loss) attributable to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock using the treasury stock method. Potentially dilutive securities (consisting of warrants, options, restricted stock units (“RSUs”) and ESPP withholdings calculated using the treasury stock method) are excluded from the diluted EPS computation in loss periods and when the applicable exercise price is greater than the market price on the period end date as their effect would be anti-dilutive.
Stock Options
On March 27, 2015, in connection with the acquisition of FW, the Company granted inducement stock options to 91 FW employees to acquire an aggregate of 323,000 shares of the Company's common stock under the Company’s Amended and Restated 2009 Omnibus Incentive Compensation Plan. The inducement awards became effective upon the closing of the acquisition. These stock options granted to FW employees have an exercise price of $4.65 per share. The options have a ten-year term and will vest 25% on the first year anniversary of the grant date with the remaining 75% vesting in equal monthly increments each month thereafter for three years. In the event of termination of employment, all unvested options will terminate.
Additionally, under the Company’s Amended and Restated 2009 Omnibus Incentive Compensation Plan, the Company granted 3,702,470 and 5,774,170 stock options to eligible Company participants during the three and nine months ended September 30, 2015, respectively.
The calculation of basic and diluted earnings per share was as follows (in thousands, except per share data):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Net loss
$
(20,847
)
 
$
(8,832
)
 
$
(37,893
)
 
$
(35,228
)
Weighted-average common shares outstanding
55,181

 
38,167

 
51,648

 
35,568

Basic and diluted net loss per share
$
(0.38
)
 
$
(0.23
)
 
$
(0.73
)
 
$
(0.99
)

The Company has included the minimum number of shares that are to be issued in March 2016 related to the Company's acquisition of RER in basic weighted-average common shares outstanding for the three and nine months ended September 30, 2015.
For the three months ended September 30, 2015 and 2014, the computation of diluted EPS excluded 7,757,889 shares and 4,761,066 shares, respectively, related to warrants, options, RSUs and the ESPP as their effect would have been anti-dilutive. For the nine months ended September 30, 2015 and 2014, the computation of diluted EPS excluded 6,262,129 shares and 5,313,009 shares, respectively, related to warrants, options, RSUs and the ESPP as their effect would have been anti-dilutive.