Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share (Notes)

v2.4.1.9
Net Loss Per Share (Notes)
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share
Basic earnings (loss) per share (EPS) is computed using the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted-average number of common shares and the dilutive effect of contingent shares outstanding during the period. Potentially dilutive contingent shares, which primarily consist of stock options issued to employees and consultants, restricted stock units and warrants issued to third parties and accounted for as equity or liability instruments have been excluded from the diluted income (loss) per share calculation because their effect is anti-dilutive.
The following table sets forth the computation of basic and diluted net loss per share of common stock (in thousands, except per share amounts):
 
2014
 
2013
 
2012
Net income (loss) (Numerator):
 
 
 
 
 
Net loss
$
(57,194
)
 
$
(114,741
)
 
$
(42,803
)
Net income attributable to noncontrolling interest
194

 
290

 
—

Net loss attributable to Global Eagle Entertainment, Inc. common stockholders for basic and diluted EPS
$
(57,388
)
 
$
(115,031
)
 
$
(42,803
)
 
 
 
 
 
 
Shares (Denominator):
 
 
 
 
 
Weighted average common shares outstanding - basic
73,300

 
53,061

 
19,148

Dilutive effect of stock options and warrants
—

 
—

 
—

Weighted average common shares outstanding - diluted
73,300

 
53,061

 
19,148

 
 
 
 
 
 
Net loss per share - basic
$
(0.78
)
 
$
(2.17
)
 
$
(2.24
)
Net loss per share - diluted
$
(0.78
)
 
$
(2.17
)
 
$
(2.24
)

As of each period end, the following weighted average common equivalent shares were excluded from the calculation of the Company's net income (loss) per share as their inclusion would have been antidilutive (in thousands):
 
2014
 
2013
 
2012
Stock options
2,025

 
3,457

 
—

Restricted stock units
3

 
—

 
—

Non-employees stock options
5

 
—

 
—

Equity warrants
1,101

 
7,596

 
—

Liability warrants
1,356

 
18,893

 
—