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Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Net Income (Loss) Per Share

Net income (loss) per share for the years ended December 31, 2019, 2018 and 2017 was as follows:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(In thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

25,791

 

 

$

17,326

 

 

$

(11,133

)

Net income (loss) from discontinued operations

 

 

 

 

 

(35,655

)

 

 

30,569

 

Net income (loss)

 

 

25,791

 

 

 

(18,329

)

 

 

19,436

 

Less: Net loss attributable to non-controlling interest in discontinued operations

 

 

 

 

 

(9,167

)

 

 

 

Net income (loss) attributable to NETGEAR, Inc.

 

$

25,791

 

 

$

(9,162

)

 

$

19,436

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares - basic

 

 

30,936

 

 

 

31,626

 

 

 

32,097

 

Potentially dilutive common share equivalent

 

 

1,029

 

 

 

1,511

 

 

 

 

Weighted average common shares - dilutive

 

 

31,965

 

 

 

33,137

 

 

 

32,097

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

0.83

 

 

$

0.55

 

 

$

(0.35

)

Net income (loss) from discontinued operations attributable to NETGEAR, Inc.

 

 

 

 

 

(0.84

)

 

 

0.96

 

Net income (loss) attributable to NETGEAR, Inc.

 

$

0.83

 

 

$

(0.29

)

 

$

0.61

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

0.81

 

 

$

0.52

 

 

$

(0.35

)

Net income (loss) from discontinued operations attributable to NETGEAR, Inc.

 

 

 

 

 

(0.80

)

 

 

0.96

 

Net income (loss) attributable to NETGEAR, Inc.

 

$

0.81

 

 

$

(0.28

)

 

$

0.61

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive employee stock-based awards, excluded

 

 

1,066

 

 

 

815

 

 

 

279