Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2015

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Note 12—Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except per share data):

	Three Months Ended March 31
	2015			2014
Numerator:
Net income (loss):
Continuing operations	$	5,076		$	10,907
Discontinued operation	(28		)	(21		)
Total operations	$	5,048		$	10,886
Denominator:
Denominator for basic net income (loss) per share - weighted average shares outstanding	52,411			51,358
Dilutive common equivalent shares:
Employee stock options and other	2,695			2,449
Denominator for diluted net income (loss) per share - weighted average shares outstanding, assuming exercise of potential dilutive common equivalent shares	55,106			53,807
Net income (loss) per share (1):
Basic:
Continuing operations	$	0.10		$	0.21
Discontinued operation	(0.00		)	(0.00		)
Total operations	$	0.10		$	0.21
Diluted:
Continuing operations	$	0.09		$	0.20
Discontinued operation	(0.00		)	(0.00		)
Total operations	$	0.09		$	0.20

(1) Net income (loss) per share is based on actual calculated values and totals may not sum due to rounding.

Weighted average stock options, SARs and RSUs of approximately 38,000 and 1.1 million for the three months ended March 31, 2015 and March 31, 2014, respectively, were excluded from the calculation of diluted net income (loss) per share because their inclusion would have been anti-dilutive.