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Loss Per Share of Class A and Class B Common Stock
 12 Months Ended
Dec. 31, 2014
LOSS PER SHARE OF CLASS A AND CLASS B COMMON STOCK [Abstract] [Abstract]  
Loss Per Share of Class A and Class B Common Stock [Text Block]
LOSS PER SHARE OF CLASS A AND CLASS B COMMON STOCK
The Company computes loss per share of Class A and Class B common stock using the two-class method. Basic loss per share is computed using the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed using the weighted-average number of common shares and the effect of potentially dilutive equity awards outstanding during the period. Potentially dilutive securities consist of stock options, restricted stock units, unvested restricted stock awards, performance share units and ESPP shares. The dilutive effect of these equity awards are reflected in diluted loss per share by application of the treasury stock method. The computation of the diluted loss per share of Class A common stock assumes the conversion of Class B common stock, if dilutive, while the diluted loss per share of Class B common stock does not assume the conversion of those shares.
The rights, including the liquidation and dividend rights, of the holders of Class A and Class B common stock are identical, except with respect to voting. Under the two-class method, the undistributed earnings for each period are allocated based on the contractual participation rights of the Class A and Class B common shares as if the earnings for the period had been distributed. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis. Further, as the Company assumes the conversion of Class B common stock, if dilutive, in the computation of the diluted loss per share of Class A common stock, the undistributed earnings are equal to net income for that computation.
The following table sets forth the computation of basic and diluted loss per share of Class A and Class B common stock for the years ended December 31, 2014, 2013 and 2012 (in thousands, except share amounts and per share amounts):
 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
 
 
Class A
 
Class B
 
Class A
 
Class B
 
Class A
 
Class B
Basic loss per share:
 
 
 
 
 
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
 
 
 
 
 
Allocation of net loss
 
$
(63,691
)
 
$
(228
)
 
$
(88,626
)
 
$
(320
)
 
$
(50,842
)
 
$
(189
)
Less: Allocation of adjustment of redeemable noncontrolling interests to redemption value
 
—

 
—

 
—

 
—

 
12,557

 
47

Less: Allocation of net income attributable to noncontrolling interests
 
9,138

 
33

 
6,424

 
23

 
3,728

 
14

Allocation of net loss attributable to common stockholders
 
$
(72,829
)
 
$
(261
)
 
$
(95,050
)
 
$
(343
)
 
$
(67,127
)
 
$
(250
)
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
672,432,417

 
2,399,976

 
661,510,218

 
2,399,976

 
647,814,143

 
2,399,976

Basic loss per share
 
$
(0.11
)
 
$
(0.11
)
 
$
(0.14
)
 
$
(0.14
)
 
$
(0.10
)
 
$
(0.10
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted loss per share:
 
 
 
 
 
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
 
 
 
 
 
Allocation of net loss attributable to common stockholders
 
$
(72,829
)
 
$
(261
)
 
$
(95,050
)
 
$
(343
)
 
$
(67,127
)
 
$
(250
)
Reallocation of net income attributable to common stockholders as a result of conversion of Class B(1)
 
—

 
—

 
—

 
—

 
—

 
—

Allocation of net loss attributable to common stockholders
 
$
(72,829
)
 
$
(261
)
 
$
(95,050
)
 
$
(343
)
 
$
(67,127
)
 
$
(250
)
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding used in basic computation
 
672,432,417

 
2,399,976

 
661,510,218

 
2,399,976

 
647,814,143

 
2,399,976

Conversion of Class B(1)
 
—

 
—

 
—

 
—

 
—

 
—

Employee stock options(1)
 
—

 
—

 
—

 
—

 
—

 
—

Restricted shares and RSUs(1)
 
—

 
—

 
—

 
—

 
—

 
—

Weighted-average diluted shares outstanding(1)
 
672,432,417

 
2,399,976

 
661,510,218

 
2,399,976

 
647,814,143

 
2,399,976

Diluted loss per share
 
$
(0.11
)
 
$
(0.11
)
 
$
(0.14
)
 
$
(0.14
)
 
$
(0.10
)
 
$
(0.10
)

(1)
Conversion of Class B shares into Class A shares and outstanding equity awards have not been reflected in the diluted loss per share calculation for the years ended December 31, 2014, 2013 and 2012 because the effect would be antidilutive.
The following outstanding equity awards are not included in the diluted loss per share calculation above because they would have had an antidilutive effect:
 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
Stock options
 
2,775,771

 
5,594,033

 
7,713,421

Restricted stock units
 
42,341,320

 
39,618,897

 
29,699,348

Restricted stock
 
52,854

 
298,292

 
577,048

ESPP shares
 
507,916

 
444,439

 
271,402

Total
 
45,677,861

 
45,955,661

 
38,261,219


In addition to the antidilutive awards as set forth in the table above, the Company also granted approximately 2,000,000 performance share units in connection with its acquisition of Ticket Monster during the year ended December 31, 2014. Contingently issuable shares are excluded from the computation of diluted EPS if, based on current period results, the shares would not be issuable if the end of the reporting period were the end of the contingency period. These outstanding performance share units have been excluded from the table above for the year ended December 31, 2014 as the performance conditions were not satisfied as of the end of the period.