Annual report pursuant to Section 13 and 15(d)

Net Loss Per Common Share (Tables)

v2.4.0.8
Net Loss Per Common Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominator

A reconciliation of the numerator and denominator used in the calculation is as follows (in thousands, except per share amounts):

 

     Years Ended December 31,  
     2013     2012     2011  

Numerator:

      

Net loss

   $ (28,415 )   $ (71,135 )   $ (25,653 )
  

 

 

   

 

 

   

 

 

 

Denominator:

      

Weighted-average number of common shares outstanding

     57,832       54,219       45,900  
  

 

 

   

 

 

   

 

 

 

Net loss per share:

      

Basic

   $ (0.49 )   $ (1.31 )   $ (0.56 )
  

 

 

   

 

 

   

 

 

 

Diluted

   $ (0.49 )   $ (1.31 )   $ (0.56 )
  

 

 

   

 

 

   

 

 

 
Warrants, Options and Purchase Rights Excluded from Computation of Diluted Net Loss Per Common Share

The following warrants, outstanding options and purchase rights under the Company’s ESPP were excluded from the computation of diluted net loss per common share for the periods presented because including them would have had an antidilutive effect (in thousands):

 

     December 31,  
     2013      2012      2011  

Shares issuable upon exercise of warrants

     8,282        11,583        16,643  

Shares issuable upon exercise of stock options

     6,527        5,099        3,672  

Shares issuable related to the ESPP

     64        79        70