Net loss per share attributable to common stockholders

9 Months Ended

Sep. 30, 2020

Net loss per share attributable to common stockholders

Net loss per share attributable to common stockholders

16. Net loss per share attributable to common stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
	(in thousands)
Numerator:
Net loss attributable to common stockholders, basic and diluted	$	(2,911)	$	(187)	$	(13,384)	$	(5,124)
Denominator:
Weighted average common stock, basic and diluted		44,505		44,136		44,390		43,904
Net loss per share attributable to common stockholders:
Basic	$	(0.07)	$	0.00	$	(0.30)	$	(0.12)
Diluted	$	(0.07)	$	0.00	$	(0.30)	$	(0.12)

For the three and nine months ended September 30, 2020 and 2019, we excluded all assumed exercises of stock options and the assumed issuance of common stock under RSUs from the computation of diluted net loss per share as the effect would be anti-dilutive due to the net loss for the period. For the three and nine months ended September 30, 2020 and 2019, we also excluded the shares that would be issuable assuming conversion of the Convertible Notes and the shares for the capped call as their effect would be anti-dilutive. Diluted EPS for our Convertible Notes is calculated under the treasury method in accordance with ASC 260, Earnings Per Share.

In July 2019, the Company approved a stock repurchase program to repurchase up to $20,000 of the Company’s common stock in the open market, exclusive of any commissions, markups, or expenses. The stock repurchased will be retired and will resume the status of authorized but unissued shares of common stock. The Company did not repurchase any of our common stock during 2020 and the stock repurchase program expired on July 31, 2020.