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Loss Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Loss Per Share

12.

Loss Per Share

Basic and diluted loss per share was calculated as follows:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(In thousands)

 

Net loss

 

$

(99,533

)

 

$

(85,343

)

 

$

(67,543

)

Weighted average shares outstanding, basic

   and diluted

 

 

47,247

 

 

 

43,069

 

 

 

36,006

 

Net loss per share, basic and diluted

 

$

(2.11

)

 

$

(1.98

)

 

$

(1.88

)

The following common stock equivalents were excluded from the calculation of diluted loss per share in 2019, 2018 and 2017 because their inclusion would have been anti-dilutive:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(In thousands)

 

Unvested restricted stock

 

 

72

 

 

 

109

 

 

 

480

 

Stock options

 

 

5,366

 

 

 

5,038

 

 

 

4,705

 

 

 

 

5,438

 

 

 

5,147

 

 

 

5,185