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Net income per share (Tables)
3 Months Ended
Mar. 31, 2016
Net income per share  
Computation of Basic and Diluted Net Income per Share

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

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

March 31, 

 

 

 

    

2016

    

2015

    

 

Numerator:

    

 

    

    

 

 

    

 

Net income

 

$

2,310

 

$

100

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares used to compute per share amount:

 

 

 

 

 

 

 

 

Basic

 

 

41,121

 

 

32,780

 

 

Dilutive effect of equity awards

 

 

2,527

 

 

251

 

 

Diluted

 

 

43,648

 

 

33,031

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

0.06

 

$

0.00

 

 

Diluted net income per share

 

$

0.05

 

$

0.00

 

 

 

 

 

 

 

 

 

 

 

 

Potentially Dilutive Securities Excluded from Computation of Diluted Net Income per Share Attributable to Common Stockholders

The Company has excluded the impact of the following employee stock options, restricted stock units and shares expected to be issued under its employee stock purchase plan from the computation of diluted net income per share, as their effect would have been antidilutive (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

March 31, 

 

 

 

    

2016

    

2015

    

 

Employee stock options

 

498

 

4,930

 

 

Restricted stock units

 

1

 

400

 

 

Employee stock purchase plan

 

148

 

 —

 

 

 

 

647

 

5,330