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Net Loss Per Share
 3 Months Ended
Mar. 31, 2014
Net Loss Per Share  
Net Loss Per Share

Note 7—Net Loss Per Share

        A reconciliation of the basic and diluted net loss per share computations for the three months ended March 31, 2014 and 2013 is as follows (in thousands, except per share data):

 
   For the three months ended March 31,  
 
   2014   2013  
 
   Basic   Diluted   Basic   Diluted  

Numerator:

                          

Net loss

   $ (92,178 ) $ (92,178 ) $ (49,444 ) $ (49,444 )

Denominator:

                          

Average number of common shares outstanding(1)

     62,601     62,601     62,599     62,599  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net loss per share

   $ (1.47 ) $ (1.47 ) $ (0.79 ) $ (0.79 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   
(1)
In periods of net loss, the number of shares used to calculate diluted earnings per share is the same as basic earnings per share; therefore, the effect of dilutive securities is zero for such periods. The weighted average number of stock options and restricted stock units outstanding for the three months ended March 31, 2014 and 2013 totaling 1,012,919 and 357,333, respectively, were excluded from the calculation above because their effect would have been anti-dilutive.

        The table below sets forth stock options exercised and restricted stock units vested for the three months ended March 31, 2014 and 2013:

 
   For the three
months ended
March 31,		  
 
   2014   2013  

Stock options exercised

     9,641     24,831  

Restricted stock units vested

     35,703     16,873  
           
​ ​ ​ ​ ​ ​ ​ ​

Total

     45,344     41,704  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​