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Net Income (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Calculation of Diluted Net (Loss) Income Per Common Share

The following table reconciles the numerator and denominator used to calculate diluted net income (loss) per common share:

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2014      2013     2014      2013  

Numerator:

          

Net income (loss)

   $ 47,919       $ (4,898   $ 34,254       $ (32,068
  

 

 

    

 

 

   

 

 

    

 

 

 

Denominator:

          

Weighted-average common shares, basic

     76,577         75,013        76,411         74,919   

Dilutive effect of common stock equivalents

     3,914         —         4,076         —     
  

 

 

    

 

 

   

 

 

    

 

 

 

Weighted-average common shares, diluted

     80,491         75,013        80,487         74,919   
  

 

 

    

 

 

   

 

 

    

 

 

 

Net income (loss) per common share:

          

Basic net income (loss) per common share

   $ 0.63       $ (0.07   $ 0.45       $ (0.43
  

 

 

    

 

 

   

 

 

    

 

 

 

Diluted net income (loss) per common share

   $ 0.60       $ (0.07   $ 0.43       $ (0.43