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Net income (loss) per share
3 Months Ended
Mar. 31, 2017
Net income (loss) per share  
Net income (loss) per share

Note 2. Net income (loss) per share

 

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

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

March 31, 

 

 

 

    

2017

    

2016

    

 

Numerator:

    

 

    

    

 

 

    

 

Net income (loss)

 

$

(11,522)

 

$

2,310

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares used to compute per share amount:

 

 

 

 

 

 

 

 

Basic

 

 

42,615

 

 

41,121

 

 

Dilutive effect of equity awards

 

 

 -

 

 

2,527

 

 

Diluted

 

 

42,615

 

 

43,648

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share

 

$

(0.27)

 

$

0.06

 

 

Diluted net income (loss) per share

 

$

(0.27)

 

$

0.05

 

 

 

 

 

 

 

 

 

 

 

 

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 (loss) per share, as their effect would have been antidilutive (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

March 31, 

 

 

 

    

2017

    

2016

    

 

Employee stock options

 

4,161

 

498

 

 

Restricted stock units

 

2,168

 

 1

 

 

Employee stock purchase plan

 

378

 

148

 

 

 

 

6,707

 

647