LOSS PER SHARE
 3 Months Ended
Mar. 31, 2015
LOSS PER SHARE  
LOSS PER SHARE

13.  LOSS PER SHARE

 

Basic loss per ordinary share is calculated based upon net loss available to holders of ordinary shares divided by the weighted average number of shares outstanding. For the calculation of diluted loss per ordinary share, the Company uses the weighted average number of ordinary shares outstanding, as adjusted for the effect of potential outstanding shares, including stock options and restricted stock units.

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31, 

 

(In thousands)

2015

    

2014

 

Numerator:

 

 

 

 

 

 

Net loss

$
(30,657)

 

$
(24,354)

 

Denominator:

 

 

 

 

 

 

Weighted average number of ordinary shares outstanding

 
148,089 

 

 
143,358 

 

Effect of dilutive securities:

 

 

 

 

 

 

Stock options

 

 —

 

 

 —

 

Restricted stock units

 

 —

 

 

 —

 

Dilutive ordinary share equivalents

 

 —

 

 

 —

 

Shares used in calculating diluted loss per share

 
148,089 

 

 
143,358 

 

 

The following potential ordinary equivalent shares have not been included in the net loss per ordinary share calculation because the effect would have been anti-dilutive:

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31, 

 

(In thousands)

    

2015

    

2014

 

Stock options

 

 
8,731 

 

 
9,342 

 

Restricted stock units

 

 
2,206 

 

 
1,763 

 

Total

 

 
10,937 

 

 
11,105