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Net Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 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
September 30,
    Nine Months Ended
September 30,
 
     2013      2012     2013      2012  
     (in thousands except per share amounts)  

Numerator:

          

Income (loss) from continuing operations

   $ 1,205       $ (2,990   $ 4,234       $ (5,517

Gain from discontinued operations, net of tax

     0         0        0         153   
  

 

 

    

 

 

   

 

 

    

 

 

 

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

   $ 1,205       $ (2,990   $ 4,234       $ (5,364
  

 

 

    

 

 

   

 

 

    

 

 

 

Denominator:

          

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

     28,558         27,658        28,047         27,885   

Dilutive potential common shares:

          

Restricted Stock and RSUs

     302         0        333         0   

Stock options

     793         0        825         0   
  

 

 

    

 

 

   

 

 

    

 

 

 

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

     29,653         27,658        29,205         27,885   
  

 

 

    

 

 

   

 

 

    

 

 

 

Basic net income (loss) per share from:

          

Continuing operations

   $ 0.04       $ (0.11   $ 0.15       $ (0.20

Discontinued operations

     0.00         0.00        0.00         0.01   
  

 

 

    

 

 

   

 

 

    

 

 

 

Total

   $ 0.04       $ (0.11   $ 0.15       $ (0.19
  

 

 

    

 

 

   

 

 

    

 

 

 

Diluted net income (loss) per share:

          

Continuing operations

   $ 0.04       $ (0.11   $ 0.14       $ (0.20

Discontinued operations

     0.00         0.00        0.00         0.01   
  

 

 

    

 

 

   

 

 

    

 

 

 

Total

   $ 0.04       $ (0.11   $ 0.14       $ (0.19
  

 

 

    

 

 

   

 

 

    

 

 

 
Schedule of Outstanding Securities

These outstanding securities consisted of the following:

 

     September 30,  
     2012  

Outstanding stock options

     3,099,155   

Unvested restricted stock awards

     44,000   

Unvested RSUs

     676,755