7. NET LOSS PER SHARE

Basic net loss per share is computed by dividing the net loss by the weighted average shares outstanding. Diluted loss per share is computed by dividing the net loss by the weighted average diluted shares outstanding.

The computation of basic and diluted loss per share is as follows (in thousands, except share and per share data):


	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
				(as adjusted)				(as adjusted)
Net loss	$	(5,711)	$	(14,928)	$	(7,420)	$	(24,080)
Weighted average common shares outstanding:
Basic		22,897,686		22,766,894		22,888,746		22,754,772
Dilutive common stock options, restricted stock unit awards and restricted stock awards		—		—		—		—
Diluted		22,897,686		22,766,894		22,888,746		22,754,772
Basic loss per share of common stock	$	(0.25)	$	(0.66)	$	(0.32)	$	(1.06)
Diluted loss per share of common stock	$	(0.25)	$	(0.66)	$	(0.32)	$	(1.06)

The Company had a net loss in the three and six months ended June 30, 2018 and 2017. As a result, all stock options, restricted stock unit awards, and restricted stock awards were anti-dilutive and excluded from weighted average shares used in determining the diluted loss per share of common stock for the respective periods.

The following weighted average numbers of stock options, restricted stock unit awards, and restricted stock awards, in each case as adjusted for the 5% stock dividend paid to shareholders on May 29, 2018, have been excluded from the calculation of diluted loss per share of common stock, as their effect would be anti-dilutive for the three and six months ended June 30, 2018 and 2017:


	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
Stock options		314,490		370,435		319,015	376,042
Restricted stock unit awards		499,516		259,622		456,688	262,783
Restricted stock awards		65,974		74,725		68,150	79,235
Total		879,980		704,782		843,853	718,060