NET LOSS PER SHARE

The following table sets forth the computation of the basic and diluted net loss per share (in thousands, except per share amounts):



	Three months ended						Six months ended
	June 29, 2018			June 30, 2017			June 29, 2018			June 30, 2017
Numerator:
Net loss	$	(2,913	)	$	(31,500	)	$	(16,607	)	$	(55,527	)
Denominator:
Weighted average number of common shares outstanding
Basic and diluted	85,304			80,590			84,616			80,203
Net loss per share:
Basic and diluted	$	(0.03	)	$	(0.39	)	$	(0.20	)	$	(0.69	)

Basic and diluted net loss per share were the same for the three and six months ended June 29, 2018 and June 30, 2017, as the inclusion of potential common shares outstanding would have been anti-dilutive due to the Company’s net losses for the periods presented. The following table sets forth the potential weighted common shares outstanding that were excluded from the computation of basic and diluted net loss per share calculations (in thousands):



	Three months ended		Six months ended
	June 29, 2018	June 30, 2017	June 29, 2018	June 30, 2017
Stock options	3,234	4,614	3,469	4,753
RSUs	3,326	3,400	2,766	3,054
Stock purchase rights under the ESPP	541	578	689	385
Warrants ⁽¹⁾	782	782	782	782
Total ⁽²⁾	7,883	9,374	7,706	8,974

(1) On September 26, 2016, in connection with the execution of a product supply agreement pursuant to which an affiliate of Comcast Corporation (together with Comcast Corporation, “Comcast”) may, in its sole discretion, purchase from the Company licenses to certain of the Company’s software products, the Company granted Comcast a warrant to purchase shares of its common stock. (See Note 13, “Warrants” for additional information).

(2) Excluded from the table above are the Notes, which are convertible under certain conditions into an aggregate of 22,304,348 shares of common stock. (See Note 9, “Convertible Notes, Other Debts and Capital Leases” for additional information on the Notes). Since the Company’s intent is to settle the principal amount of the Notes in cash, the treasury stock method is being used to calculate any potential dilutive effect of the conversion spread on diluted net income per share, if applicable. The conversion spread will have a dilutive impact on diluted net income per share when the Company’s average market price of its common stock for a given period exceeds the conversion price of $5.75 per share.