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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Reconciliation of Earnings Per Share

The following is a reconciliation of the numerators and denominators used in computing basic and diluted net income (loss) per share:

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2013      2012     2013      2012  
     (in thousands except except per share amounts)  

Numerator:

          

Income (loss) from continuing operations

   $ 776       $ (2,308   $ 3,029       $ (2,527

Gain from discontinued operations, net of tax

     0         153        0         153   
  

 

 

    

 

 

   

 

 

    

 

 

 

Net income (loss) used in computing basic and diluted net income (loss) per share

   $ 776       $ (2,155   $ 3,029       $ (2,374
  

 

 

    

 

 

   

 

 

    

 

 

 

Denominator:

          

Shares used in computation of basic net income (loss) per share (weighted average common shares outstanding)

     28,146         28,058        27,787         28,000   

Dilutive potential common shares:

          

Restricted Stock and RSUs

     272         0        323         0   

Stock options

     875         0        802         0   
  

 

 

    

 

 

   

 

 

    

 

 

 

Shares used in computation of diluted net income (loss) per share

     29,293         28,058        28,912         28,000   
  

 

 

    

 

 

   

 

 

    

 

 

 

Basic net income (loss) per share from:

          

Continuing operations

   $ 0.03       $ (0.08   $ 0.11       $ (0.09

Discontinued operations

     0.00         0.00        0.00         0.00   
  

 

 

    

 

 

   

 

 

    

 

 

 

Total

   $ 0.03       $ (0.08   $ 0.11       $ (0.09
  

 

 

    

 

 

   

 

 

    

 

 

 

Diluted net income (loss) per share:

          

Continuing operations

   $ 0.03       $ (0.08   $ 0.10       $ (0.09

Discontinued operations

     0.00         0.00        0.00         0.00   
  

 

 

    

 

 

   

 

 

    

 

 

 

Total

   $ 0.03       $ (0.08   $ 0.10       $ (0.09
  

 

 

    

 

 

   

 

 

    

 

 

 
Schedule of Outstanding Securities

These outstanding securities consisted of the following:

 

     June 30,  
     2012  

Outstanding stock options

     3,111,411   

Unvested restricted stock awards

     44,000   

Unvested RSUs

     658,005