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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2013
Basic and Diluted Net Loss Per Share of Common Stock

The following table presents the calculation of basic and diluted net loss per share of common stock for the three and nine months ended September 30, 2013 and 2012:

 

     Three Months Ended     Nine Months Ended  
(in thousands, except for share and per share amounts)    September 30,
2013
    September 30,
2012
    September 30,
2013
    September 30,
2012
 

Numerator:

        

Net loss

   $ (5,380   $ (5,326   $ (12,632   $ (21,295
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

        

Weighted average shares of common stock outstanding, basic

     31,332,993        28,226,743        29,363,162        28,226,743   

Stock options and restricted stock units related to the issuance of common stock

     —         —         —         —    
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares of common stock outstanding, diluted

     31,332,993        28,226,743        29,363,162        28,226,743   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per share:

        

Basic

   $ (0.17   $ (0.19   $ (0.43   $ (0.75
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

   $ (0.17   $ (0.19   $ (0.43   $ (0.75
  

 

 

   

 

 

   

 

 

   

 

 

 

Anti-dilutive securities excluded from calculations of diluted net loss per share:

        

Stock options and restricted stock units

     3,801,651        5,150,778        4,556,838        5,184,757