Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE

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NET INCOME (LOSS) PER SHARE
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE NET INCOME (LOSS) PER SHARE
The Company computes basic net income (loss) per share using the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per share is calculated by dividing net loss by the weighted-average number of common shares plus potential common shares. The Company's stock options, including those with performance conditions, are included in the calculation of diluted net loss per share using the treasury stock method when their effect is dilutive. Potential common shares are excluded from the calculation of diluted net loss per share when their effect is anti-dilutive.
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,
2020 2019 2020 2019
Numerator:
Net income (loss) $ (4,681)   $ 1,229    $ (9,833)   $ (8,155)  
Denominator for basic and diluted net income (loss) per share:
Weighted average common shares outstanding for basic 99,863 98,633 99,771 98,557
Dilutive potential common stock outstanding:
Stock options and RSU's —    22,296    —    —   
Weighted average common shares outstanding for diluted 99,863 120,929 99,771 98,557
Basic net income (loss) per share $ (0.05)   $ 0.01    $ (0.10)   $ (0.08)  
Diluted net income (loss) per share $ (0.05)   $ 0.01    $ (0.10)   $ (0.08)  
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,
2020 2019 2020 2019
Stock options 21,661    —    21,661    18,368   
Performance stock options 5,000    —    5,000    7,250   
Total 26,661    —    26,661    25,618   

The above table excludes 8,000,000 unvested performance stock options for the three and six months ended June 30, 2020 and 10,750,000 unvested performance stock options for the three and six months ended June 30, 2019, which vest upon the completion of future performance conditions.