Annual report pursuant to Section 13 and 15(d)

Net (Loss) Income Per Share

v2.4.1.9
Net (Loss) Income Per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net (Loss) Income Per Share
Net (Loss) Income Per Share
Basic net (loss) income per share was computed by dividing the net (loss) income by the weighted average number of common shares outstanding during the period. Diluted net (loss) income per share was computed by using the weighted average number of common shares outstanding, including potential dilutive shares of common stock assuming the dilutive effect of outstanding stock options and restricted stock using the treasury stock method. Weighted average shares from common share equivalents in the amount of 1,273,889, 1,058,334 and 644,299 shares were excluded from the dilutive shares outstanding because their effect was anti-dilutive for the years ended December 31, 2014, 2013, and 2012, respectively.
The following table presents the calculation of basic and diluted net (loss) income per share attributable to common stockholders:
 
 
Year Ended December 31,
 
 
2014
 
2013
 
2012
 
 
(in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
Net (loss) income
 
$
(10,274
)
 
$
20,692

 
$
5,183

Denominator:
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
Weighted average common shares used in computing basic net (loss) income per share
 
76,991

 
74,962

 
71,838

Diluted:
 
 
 
 
 
 
Weighted average common shares used in computing basic net (loss) income per share
 
76,991

 
74,962

 
71,838

Add weighted average effect of dilutive securities:
 
 
 
 
 
 
Stock options and restricted stock
 

 
1,225

 
2,164

Weighted average common shares used in computing diluted net (loss) income per share
 
76,991

 
76,187

 
74,002

Net (loss) income per common share:
 
 
 
 
 
 
Basic
 
$
(0.13
)
 
$
0.28

 
$
0.07

Diluted
 
$
(0.13
)
 
$
0.27

 
$
0.07