Net Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Net income (loss) per share for the years ended December 31, 2020, 2019 and 2018 was as follows:

	Year Ended December 31,
	2020		2019		2018
	(In thousands, except per share data)
Numerator:
Net income from continuing operations	$	58,293	$	25,791	$	17,326
Net loss from discontinued operations		—		—		(35,655	)
Net income (loss)		58,293		25,791		(18,329	)
Less: Net loss attributable to non-controlling interest in discontinued operations		—		—		(9,167	)
Net income (loss) attributable to NETGEAR, Inc.	$	58,293	$	25,791	$	(9,162	)

Denominator:
Weighted average common shares - basic		29,897		30,936		31,626
Potentially dilutive common share equivalent		743		1,029		1,511
Weighted average common shares - dilutive		30,640		31,965		33,137

Basic net income (loss) per share
Net income from continuing operations	$	1.95	$	0.83	$	0.55
Net loss from discontinued operations attributable to NETGEAR, Inc.		—		—		(0.84	)
Net income (loss) attributable to NETGEAR, Inc.	$	1.95	$	0.83	$	(0.29	)

Diluted net income (loss) per share
Net income from continuing operations	$	1.90	$	0.81	$	0.52
Net loss from discontinued operations attributable to NETGEAR, Inc.		—		—		(0.80	)
Net income (loss) attributable to NETGEAR, Inc.	$	1.90	$	0.81	$	(0.28	)

Anti-dilutive employee stock-based awards, excluded		832		1,066		815