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Net Loss Per Share
12 Months Ended
Dec. 31, 2014
Net Loss Per Share

13. Net Loss Per Share

Basic net loss per share amounts have been computed based on the weighted-average number of common shares outstanding. Diluted net loss per share amounts have been computed based on the weighted-average number of common shares outstanding plus the dilutive effect, if any, of potential common shares. The computation of potential common shares has been performed using the treasury stock method. Because of the net loss reported in each period, diluted and basic net loss per share amounts are the same.

The calculation of net loss and the number of shares used to compute basic and diluted earnings per share for the years ended December 31, 2014, 2013 and 2012 are as follows:

 

In thousands, except per share amounts    2014      2013      2012  

Net loss

   $ (162,602    $ (274,158    $ (220,872
  

 

 

    

 

 

    

 

 

 

Weighted average shares outstanding – basic and diluted

  186,835      183,575      164,964   
  

 

 

    

 

 

    

 

 

 

Net loss per share – basic and diluted

$ (0.87 $ (1.49 $ (1.34
  

 

 

    

 

 

    

 

 

 

For the years ended December 31, 2014, 2013 and 2012, the following potentially dilutive securities were not included in the computation of net loss per share because the effect would be anti-dilutive:

 

In thousands    2014      2013      2012  

Stock options

     10,148         10,380         8,228   

Restricted stock and restricted stock units

     3,503         2,048         1,903   
  

 

 

    

 

 

    

 

 

 
  13,651      12,428      10,131