Weighted Average Shares Outstanding and Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Summary of Reconciliation of Weighted Average Shares Outstanding in Basic and Diluted Net Loss Per Share

The following table presents a reconciliation of the weighted average shares outstanding used in calculating basic and diluted net loss per share as well as the calculation of basic and diluted net loss per share:

	Three Months Ended March 31,
(in thousands, except per share amounts)	2019			2018
Numerator (basic and diluted)
Net loss allocated to common shareholders for basic calculation	$	(34,574	)	$	(11,423	)
Denominator
Weighted average common shares outstanding, basic		46,699			39,908
Dilutive effect of RSUs1		—			—
Weighted average common shares outstanding, diluted		46,699			39,908
Net loss per share, basic	$	(0.74	)	$	(0.29	)
Net loss per share, diluted	$	(0.74	)	$	(0.29	)

¹Due to the net loss for the three months ended March 31, 2019 and 2018, RSUs representing approximately 422,000 and 502,000, respectively, have been excluded from the number of shares used in calculating diluted net loss per share, as their inclusion would be antidilutive.