Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

v2.4.0.8
NET LOSS PER SHARE
9 Months Ended
Dec. 31, 2013
NET LOSS PER SHARE [Abstract]  
NET LOSS PER SHARE

NOTE 10: NET LOSS PER SHARE

The following is the computation of basic and diluted net loss per share (in thousands, except per share data):

    Three Months Ended   Nine Months Ended
    December 31,
2013
  December 31,
2012
  December 31,
2013
  December 31,
2012
Net loss       $ (2,415 )       $ (8,173 )       $ (6,982 )       $ (37,127 )
Weighted average basic and diluted shares            248,135              240,786              246,183              239,099  
Basic and diluted net loss per share   $ (0.01 )   $ (0.04 )   $ (0.03 )   $ (0.16 )

The computations of diluted net loss per share for the periods presented exclude the following because the effect would have been anti-dilutive:

  • For all periods presented, 31.2 million weighted equivalent shares of 3.50% convertible subordinated notes were excluded. For the third quarter and first nine months of fiscal 2014, 42.5 million weighted equivalent shares of 4.50% convertible subordinated notes were excluded. For the third quarter and first nine months of fiscal 2013, 28.5 million and 9.4 million weighted equivalent shares of 4.50% convertible subordinated notes were excluded.
  • For the third quarter and first nine months of fiscal 2014, options to purchase 11.5 million and 13.8 million weighted average shares, respectively, were excluded. For the third quarter and first nine months of fiscal 2013, options to purchase 16.4 million and 17.7 million weighted average shares, respectively, were excluded.
  • Unvested RSUs of 11.5 million and 10.7 million weighted average shares for the third quarter and first nine months of fiscal 2014, respectively, were excluded. Unvested RSUs of 10.7 million and 10.1 million weighted average shares for the third quarter and first nine months of fiscal 2013, respectively, were excluded.