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Net Loss per Share
3 Months Ended
Mar. 31, 2012
Net Loss per Share  
Net Loss per Share

G.              Net Loss per Share

 

We compute basic net loss per share by dividing net loss by the weighted average number of common shares outstanding during the relevant period. The following table sets forth the potential common shares issuable upon the exercise of outstanding options and the vesting of restricted stock units (prior to consideration of the treasury stock method), the total of which was excluded from our computation of diluted net loss per share because such options and restricted stock units were anti-dilutive due to a net loss in the relevant periods (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2012

 

2011

 

Options to purchase shares of common stock

 

1,717

 

2,213

 

Shares of common stock issuable upon the vesting of restricted stock units

 

679

 

701

 

Total

 

2,396

 

2,914

 

 

The components of basic and diluted net loss per share were as follows (in thousands, except per share data):

 

 

 

Three Months Ended March 31,

 

 

 

2012

 

2011

 

Net loss

 

$

(12,416

)

$

(22,295

)

Weighted average common shares outstanding

 

21,349

 

21,144

 

Net loss per share:

 

 

 

 

 

Basic and diluted

 

$

(0.58

)

$

(1.05

)