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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2016
Selected Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data
Selected Quarterly Financial Data (Unaudited)
 
The table below sets forth certain unaudited statements of comprehensive loss data, and net loss per common share data, for each quarter of 2016 and 2015:
 
(in thousands, except per share data)
 
Quarter Ended
 
March 31
 
June 30
 
September 30
 
December 31
 
 
 
(Unaudited)
 
 
2016
 

 
 

 
 

 
 

Revenues
$
12,494

 
$
20,089

 
$
27,717

 
$
23,037

Loss from operations
$
(33,871
)
 
$
(37,021
)
 
$
(34,933
)
 
$
(31,330
)
Consolidated net loss
$
(34,883
)
 
$
(38,112
)
 
$
(36,015
)
 
$
(32,419
)
Consolidated net loss per common share, basic and diluted
$
(0.34
)
 
$
(0.37
)
 
$
(0.35
)
 
$
(0.31
)
Shares used in computing consolidated net loss per common share, basic and diluted
103,682

 
103,830

 
103,885

 
104,052

2015
 
 
 
 
 
 
 
Revenues
$
1,792

 
$
376

 
$
566

 
$
127,280

Income (loss) from operations
$
(26,527
)
 
$
(26,688
)
 
$
(33,677
)
 
$
88,360

Consolidated net income (loss)
$
(28,076
)
 
$
(26,074
)
 
$
(35,282
)
 
$
86,750

Consolidated net income (loss) per common share, basic
$
(0.27
)
 
$
(0.27
)
 
$
(0.34
)
 
$
0.84

Consolidated net income (loss) per common share, diluted
(0.27
)
 
(0.27
)
 
(0.34
)
 
0.76

Shares used in computing consolidated net income (loss) per common share, basic
103,516

 
103,608

 
103,616

 
103,623

Shares used in computing consolidated net income (loss) per common share, diluted
103,516

 
103,608

 
103,616

 
115,764


For all periods presented other than the quarter ended December 31, 2015, the weighted average number of shares outstanding are the same for both basic and diluted consolidated net loss per common share. For these periods, shares associated with convertible debt, stock options and restricted stock units are not included in the weighted average number of shares of common stock outstanding because they are antidilutive. A reconciliation of the numerator and denominator of basic and diluted earnings per share for the quarter ended December 31, 2015 is presented below (in thousands, expect per share amounts):

Consolidated net income, basic
$
86,750

Interest on convertible debt
1,277

Consolidated net income, diluted
$
88,027

 
 
Shares used in computing consolidated net income per common share, basic
103,623

Share-based compensation awards
1,776

Convertible debt
10,365

Shares used in computing consolidated net income per common share, diluted
115,764

 
 
Consolidated net income per common share, basic
$
0.84

Consolidated net income per common share, diluted
0.76

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Consolidated net income, basic
$
86,750

Interest on convertible debt
1,277

Consolidated net income, diluted
$
88,027

 
 
Shares used in computing consolidated net income per common share, basic
103,623

Share-based compensation awards
1,776

Convertible debt
10,365

Shares used in computing consolidated net income per common share, diluted
115,764

 
 
Consolidated net income per common share, basic
$
0.84

Consolidated net income per common share, diluted
0.76