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Net Income (Loss) Per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
Net Income (Loss) Per Share
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 
Net loss
 
$
(5,597
)
 
$
(13,784
)
 
$
(30,894
)
 
$
(44,796
)
Denominator:
 
 
 
 
 
 
 
 
Weighted average shares outstanding
 
42,038

 
28,688

 
42,013

 
27,784

Per common share net loss:
 
 
 
 
 
 
 
 
Basic net loss per share
 
$
(0.13
)
 
$
(0.48
)
 
$
(0.74
)
 
$
(1.61
)
Diluted net loss per share
 
$
(0.13
)
 
$
(0.48
)
 
$
(0.74
)
 
$
(1.61
)
Cash dividends declared per share
 
$
0.07

 
$
0.07

 
$
0.21

 
$
0.21


The calculation of diluted net loss per share for the three and nine months ended September 30, 2019, excludes 0.8 million and 0.6 million, respectively, of potentially dilutive stock options, which had the effect of being anti-dilutive. The calculation of diluted net loss per share for the three and nine months ended September 30, 2018, excludes 0.8 million and 0.8 million, respectively, of potentially dilutive stock options, which had the effect of being anti-dilutive. Given the net loss for the three and nine months ended September 30, 2019 and 2018, all options are considered anti-dilutive and were excluded from the calculation of diluted net loss per share.