XML 25 R14.htm IDEA: XBRL DOCUMENT v3.20.2
NET INCOME (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is computed using the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed using the weighted average number of shares of common stock, adjusted for any dilutive effect of potential common stock. Potential common stock, computed using the treasury stock method, includes stock options, RSUs, RSAs and ESPP.

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

 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2020
 
2019
 
2020
 
2019
Numerator:
 
 
 
 
 
 
 
Net loss
$
(712
)
 
$
(8,620
)
 
$
(5,540
)
 
$
(19,636
)
Denominator:
 
 
 
 
 
 
 
Weighted-average common stock outstanding, basic
27,634

 
31,578

 
29,320

 
31,335

  Dilutive effect of potential common shares:
 
 
 
 
 
 
 
  Stock options, RSUs, RSA and ESPP

 

 

 

Total shares, diluted
27,634

 
31,578

 
29,320

 
31,335

Basic net loss per share
$
(0.03
)
 
$
(0.27
)
 
$
(0.19
)
 
$
(0.63
)
Diluted net loss per share
$
(0.03
)
 
$
(0.27
)
 
$
(0.19
)
 
$
(0.63
)


As of June 30, 2020, approximately 1.4 million stock options and 1.3 million RSUs and RSAs were excluded from computation of diluted net loss per share because their effect would have been anti-dilutive.

As of June 30, 2019, approximately 2.0 million stock options and 0.8 million RSUs and RSAs were excluded from computation of diluted net loss per share because their effect would have been anti-dilutive.