Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

v3.19.2
NET INCOME (LOSS) PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
1,229

 
$
3,186

 
$
(8,155
)
 
$
3,805

Denominator for basic and diluted net income (loss) per share:
 
 
 
 
 
 
 
Weighted average common shares outstanding for basic
98,633
 
90,713
 
98,557
 
90,613
Dilutive potential common stock outstanding:
 
 
 
 
 
 
 
Stock options and RSU's
22,296

 
19,431
 
—

 
13,597
Warrants
—

 
2,322
 
—

 
2,081
Weighted average common shares outstanding for diluted
120,929
 
112,466
 
98,557
 
106,291
Basic net income (loss) per share
$
0.01

 
$
0.04

 
$
(0.08
)
 
$
0.04

Diluted net income (loss) per share
$
0.01

 
$
0.03

 
$
(0.08
)
 
$
0.04

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following common stock equivalents were not included in the calculation of net income (loss) per diluted share because their effect were anti-dilutive (in thousands):
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2019
 
2018
 
2019
 
2018
Stock options
—

 
600

 
18,368

 
600

Performance stock options
—

 
—

 
7,250

 
—

Total
—

 
600

 
25,618

 
600