Basic and Diluted Net Income (Loss) Per Share

6 Months Ended

Jun. 30, 2017

Basic and Diluted Net Loss per Share

A reconciliation of the numerator and the denominator used to calculate basic and diluted net loss per share is as follows (in thousands, except per share amounts):



	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2016			2017			2016
Numerator
Net loss	$	(7,554	)	$	(591	)	$	(17,562	)	$	(3,556	)
Denominator — Basic
Weighted average shares used to calculate net loss per share, basic	38,966			37,143			38,840			37,075
Denominator — Diluted
Weighted average shares used to calculate net loss per share, basic	38,966			37,143			38,840			37,075
Effect of dilutive restricted stock units ^(A)	—			—			—			—
Effect of dilutive stock options ^(A)	—			—			—			—
Weighted average shares used to calculate net loss per share, diluted	38,966			37,143			38,840			37,075
Net loss per share
Basic	$	(0.19	)	$	(0.02	)	$	(0.45	)	$	(0.10	)
Diluted	$	(0.19	)	$	(0.02	)	$	(0.45	)	$	(0.10	)


(A)	For the three and six months ended June 30, 2017 and 2016, the following equity awards, by type, were excluded from the calculation, as their effect would have been anti-dilutive (in thousands):



	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2017	2016	2017	2016
Stock options	3,700	3,958	3,700	3,958
Restricted stock units	698	183	698	183
Performance based restricted stock units^(B)	1,087	2,470	1,087	2,470
Total equity award shares excluded	5,485	6,611	5,485	6,611


(B)	Performance based restricted stock units are presented based on attainment of 100% of the performance goals being met.