Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share Attributable to Common Stockholders

v3.6.0.2
Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS

The following table (in thousands, except for loss per share) reconciles basic and diluted weighted average common shares outstanding for the years ended December 31, 2016, 2015 and 2014:
 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
Weighted average common shares outstanding:
 
 
 
 
 
 
Basic
 
228,768

 
226,903

 
224,338

Dilutive common stock options and unvested stock
 

 

 

Diluted
 
228,768

 
226,903

 
224,338

 
 
 
 
 
 
 
Basic and diluted net loss per share attributable to common stockholders
 
$
(2.67
)
 
$
(4.30
)
 
$
(2.44
)


Potentially dilutive securities that were not included in the diluted net loss per share computations because their effect would have been anti-dilutive were as follows (in thousands):
 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
Stock options and unvested stock (1)
 
621

 
2,134

 
5,063

Convertible Notes (2)
 
16,328

 
15,773

 
10,727

Total dilutive common shares
 
16,949

 
17,907

 
15,790

 
(1)
Does not include 5.0 million shares, 5.4 million shares and 5.5 million shares for the years ended December 31, 2016, 2015 and 2014, respectively, of unvested stock because the performance conditions had not yet been satisfied as of December 31, 2016, 2015 and 2014, respectively.
(2)
Includes shares in aggregate issuable upon conversion of the 2021 Cheniere Convertible Unsecured Notes and the 2045 Cheniere Convertible Senior Notes. There were no shares included in the computation of diluted net loss per share for the 2025 CCH HoldCo II Convertible Senior Notes because substantive non-market-based contingencies underlying the eligible conversion date have not been met as of December 31, 2016.