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NET LOSS PER SHARE
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
NET LOSS PER SHARE

NOTE 13—NET LOSS PER SHARE

 

The following table sets forth the computation of basic and diluted net loss per share for the years ended December 31, 2015, 2014 and 2013:

 

    Years Ended December 31,  
    2015     2014     2013  
    (in thousands)  
Numerator:                        
Net loss attributable to UTStarcom Holdings Corp.   $ (20,657 )   $ (30,264 )   $ (22,721 )
Denominator:                        
Weighted average shares outstanding—Basic     37,003       37,380       39,127  
Potentially dilutive common stock equivalents—stock options and restricted stock     —       —       —  
Weighted average shares outstanding—Diluted     37,003       37,380       39,127  
Net loss per share attributable to UTStarcom Holdings Corp.—Basic   $ (0.56 )   $ (0.81 )   $ (0.58 )
Net loss per share attributable to UTStarcom Holdings Corp.—Diluted   $ (0.56 )   $ (0.81 )   $ (0.58 )

 

The dilutive effect of share-based awards is reflected in diluted net loss per share by application of the treasury stock method, which includes consideration of unamortized share-based compensation expense and the dilutive effect of in-the-money options and unvested restricted stock units. Under the treasury stock method, the amount the employee must pay for exercising stock options and unamortized share-based compensation expense are assumed proceeds to be used to repurchase hypothetical shares. An increase in the fair market value of the Company’s ordinary share can result in a greater dilutive effect from potentially dilutive awards.

 

For the years ended December 31, 2015, 2014 and 2013, outstanding options to purchase ordinary shares and unvested or unreleased restricted stocks to purchase ordinary shares were excluded from the calculation of diluted earnings per share as their effect was anti-dilutive. Please refer to Note 2.