Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Attributable to Common Stockholders (Notes)

v2.4.1.9
Net Loss Per Share Attributable to Common Stockholders (Notes)
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS

Basic net loss per share attributable to common stockholders (“EPS”) excludes dilution and is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS reflects potential dilution and is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares outstanding during the period increased by the number of additional common shares that would have been outstanding if the potential common shares had been issued.
 
The following table reconciles basic and diluted weighted average common shares outstanding for the three months ended March 31, 2015 and 2014 (in thousands, except for loss per share):
 
Three Months Ended
 
March 31,
 
2015
 
2014
Weighted average common shares outstanding:
 
 
 
Basic
226,328

 
223,207

Dilutive common stock options (1)
—

 
—

Diluted
226,328

 
223,207

 
 
 
 
Basic and diluted net loss per share attributable to common stockholders
$
(1.18
)
 
$
(0.44
)
 
(1)
Stock options and unvested stock of 10.3 million shares and 14.5 million shares for the three months ended March 31, 2015 and 2014, respectively, representing securities that could potentially dilute basic EPS in the future were not included in the diluted net loss per share computations because their effect would have been anti-dilutive. In addition, 21.1 million shares in aggregate, issuable upon conversion of the 2021 Convertible Unsecured Notes and the 2045 Convertible Senior Notes, as described in Note 7—Long-Term Debt, were not included in the computation of diluted net loss per share for 2015 because the computation of diluted net loss per share utilizing the “if-converted” method would be anti-dilutive.