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Net Income (Loss) Per Share
6 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

Note 6—Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share:

 

     Three Months Ended
December 31,
     Six Months Ended
December 31,
 
     2018      2017      2018      2017  
     (in thousands, except per share amounts)  

Numerator - basic and diluted:

           

Net income (loss)

   $ 5,969      $ 3,088      $ 5,051      $ (1,153
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Shares used in computing basic net income (loss) per share attributable to common stockholders

     40,635        38,087        40,162        37,908  
  

 

 

    

 

 

    

 

 

    

 

 

 

Impact of dilutive securities

     1,104        1,257        1,500        —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Shares used in computing diluted net income (loss) per share attributable to common stockholders

     41,739        39,344        41,662        37,908  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic net income (loss) per share attributable to common stockholders

   $ 0.15      $ 0.08      $ 0.13      $ (0.03
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted net income (loss) per share attributable to common stockholders

   $ 0.14      $ 0.08      $ 0.12      $ (0.03
  

 

 

    

 

 

    

 

 

    

 

 

 

For the six months ended December 31, 2017, approximately 2.8 million shares of unvested restricted stock and stock options and warrants for up to 6.3 million shares of our common stock were excluded from the calculation of diluted earnings per share as their effect on the calculation would have been anti-dilutive.