Quarterly report pursuant to Section 13 or 15(d)

Loss per Share

v3.8.0.1
Loss per Share
3 Months Ended
Mar. 31, 2018
Loss per Share

11. Loss per Share

The computation of basic and diluted net loss per share for the periods indicated is as follows:

 

     Three Months Ended March 31,  
     2018      2017  

Numerator:

     

Net loss

   $ (2.2    $ (5.0
  

 

 

    

 

 

 

Denominator:

     

Weighted-average common shares (in thousands)—diluted

     21,822        20,599  
  

 

 

    

 

 

 

Basic and Diluted net loss per share

   $ (0.10    $ (0.24
  

 

 

    

 

 

 

At March 31, 2017, we were contingently obligated to pay $0.5 million, which may be settled, at our option, in either cash or an equivalent amount of common shares based upon their then-current market value, if certain performance criteria had been met. The equivalent amount of common shares have been excluded from the computation of diluted net loss per share for the three months ended March 31, 2017, as they were antidilutive. Included in the computation of basic net loss per share for the three months ended March 31, 2017 were 40,002 potentially dilutive shares.

At March 31, 2018 and 2017, 24,875 and 27,828 outstanding options, respectively, with an average exercise price of $44.45 and $44.76, respectively, were not recognized in the diluted earnings per share calculation as they were antidilutive.