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Net Loss per Share
12 Months Ended
Dec. 31, 2014
Net Loss per Share  
Net Loss per Share

 

2. Net Loss per Share

        Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding, less RSAs subject to forfeiture. Diluted net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding, less RSAs subject to forfeiture, plus all additional common shares that would have been outstanding, assuming dilutive potential common shares had been issued for other dilutive securities.

        For the years ended December 31, 2014, 2013 and 2012, diluted and basic net loss per common share was identical since potential common shares were excluded from the calculation, as their effect was anti-dilutive.

Anti-dilutive Securities

        The following common equivalent shares were not included in the computation of diluted net loss per share because their effect was anti-dilutive:

                                                                                                                                                                                    

 

 

Year Ended December 31,

 

(In thousands)

 

2014

 

2013

 

2012

 

Share issuances under equity incentive plan and ESPP

 

 

6,239 

 

 

4,095 

 

 

5,367 

 

Unvested RSAs

 

 

1,772 

 

 

2,364 

 

 

2,501 

 

Shares issuable upon conversion of convertible subordinated notes

 

 

12,329 

 

 

2,780 

 

 

6,668 

 

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20,340 

 

 

9,239 

 

 

14,536 

 

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