Net Income Per Share

6 Months Ended

Jun. 30, 2011

Net Income Per Share

Net Income Per Share

13. Net Income per Share

The computation of basic and diluted net income per share was as follows:

	Three months ended June 30,				Six months ended June 30,
	2011		2010		2011		2010
	(in thousands, except per share data)
Basic:
Net income available for common stockholders	$	519	$	1,511	$	583	$	2,532
Weighted average shares outstanding		15,470		15,613		15,468		15,646
Basic net income per share	$	0.03	$	0.10	$	0.04	$	0.16
Diluted:
Net income available for common stockholders	$	519	$	1,511	$	583	$	2,532
Weighted-average shares outstanding		15,470		15,613		15,468		15,646
Common stock equivalents		601		437		596		399
Shares used in computing diluted net income per common share		16,071		16,050		16,064		16,045
Diluted net income per share	$	0.03	$	0.09	$	0.04	$	0.16

For the three months and six months ended June 30, 2011, 62,808 and 65,374 weighted-average shares of restricted common stock units and options to purchase common stock, respectively, were excluded from the computation of diluted net income per share, as their effect would have been anti-dilutive. For the three months and six months ended June 30, 2010, 7,288 and 11,092 weighted-average shares of restricted common stock units and options to purchase common stock, respectively, were excluded from the computation of diluted net income per share, as their effect would have been anti-dilutive.