Net Loss Per Share

9 Months Ended

Sep. 30, 2020

oss) Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share amounts):


	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019

Numerator:
Net income (loss)	$	4,161	$	298	$	(9,777)	$	(16,294)







Denominator:
Weighted-average shares used to compute net income (loss) per common share - basic	32,394		31,459		32,096		31,170
Effect of potentially dilutive securities:
Employee stock options, including ESPP	241		308		—		—
Restricted stock units and performance based restricted stock units	384		177		—		—

Weighted-average shares used to compute net income (loss) per common share - diluted	33,019		31,944		32,096		31,170

Net income (loss) per share

Basic	$	0.13	$	0.01	$	(0.30)	$	(0.52)
Diluted	$	0.13	$	0.01	$	(0.30)	$	(0.52)

The following securities were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:


	Three months ended September 30,		Nine months ended September 30,
(in thousands)	2020	2019	2020	2019
Options to purchase common stock, including ESPP	—	73	555	485
Restricted stock units and Performance stock units	450	772	1,972	1,431