The following
table presents the calculation of basic and diluted net income per
share attributable to common stockholders:
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Year Ended
December 31, |
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2012 |
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2011 |
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2010 |
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(in thousands, except per share amounts) |
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Numerator:
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Net income
(loss)
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$ |
5,183 |
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$ |
(1,231 |
) |
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$ |
67 |
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8% cumulative dividends on
participating preferred stock
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— |
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— |
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(2,944 |
) |
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Net income (loss)
attributable to common stockholders — basic and
diluted
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$ |
5,183 |
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$ |
(1,231 |
) |
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$ |
(2,877 |
) |
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Denominator:
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Basic:
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Weighted average common
shares used in computing basic net income (loss) per
share
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71,838 |
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68,480 |
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39,737 |
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Diluted:
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Weighted average common
shares used in computing basic net income (loss) per
share
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71,838 |
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68,480 |
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39,737 |
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Add weighted average effect
of dilutive securities:
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Stock options and
restricted stock
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2,164 |
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— |
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— |
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Weighted average common
shares used in computing diluted net income (loss) per
share
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74,002 |
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68,480 |
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39,737 |
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Net income (loss) per
common share:
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Basic
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$ |
0.07 |
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$ |
(0.02 |
) |
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$ |
(0.07 |
) |
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Diluted
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$ |
0.07 |
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$ |
(0.02 |
) |
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$ |
(0.07 |
) |
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