XML 14 R54.htm IDEA: XBRL DOCUMENT v3.19.3
Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Numerator:          
Net income (loss) attributable to AXT, Inc. $ (898) $ 3,939 $ (551) $ 10,715  
Less: Preferred stock dividends (44) (44) (132) (132)  
Net income (loss) available to common stockholders $ (942) $ 3,895 $ (683) $ 10,583  
Weighted-average number of common shares outstanding:          
Denominator for basic net income (loss) per share - weighted-average common shares 39,466,000 39,008,000 39,438,000 39,000,000  
Effect of dilutive securities:          
Denominator for dilutive net income (loss) per common shares 39,466,000 40,331,000 39,438,000 40,320,000  
Net income (loss) attributable to AXT, Inc. per common share:          
Basic $ (0.02) $ 0.10 $ (0.02) $ 0.27  
Diluted $ (0.02) $ 0.10 $ (0.02) $ 0.26  
Preferred stock, shares issued (in shares) 883,000   883,000   883,000
Preferred stock, shares outstanding (in shares) 883,000   883,000   883,000
Preferred stock, par value (in dollars per share) $ 0.001   $ 0.001   $ 0.001
Preferred stock, value $ 3,532   $ 3,532   $ 3,532
Cumulative annual dividend rate (as a percent)     5.00%   5.00%
Liquidation preference over common stock (in dollars per share) $ 4   $ 4   $ 4
Options          
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]          
Securities excluded from diluted net income (loss) per share as the impact is anti-dilutive (in shares) 2,523,000 186,000 2,523,000 186,000  
Restricted Stock Awards          
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]          
Securities excluded from diluted net income (loss) per share as the impact is anti-dilutive (in shares) 698,000 34,000 698,000 239,000  
Options          
Effect of dilutive securities:          
Effect of dilutive securities (in shares)   1,207,000   1,196,000  
Restricted Stock Awards          
Effect of dilutive securities:          
Effect of dilutive securities (in shares)   116,000   124,000