Net income (loss) per share

9 Months Ended

Sep. 30, 2013

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 loss per share for the periods indicated (in thousands, except share and per share amounts):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2013			2012		2013			2012
Numerator:
Income (loss) from continuing operations	$	(9,363	)	$	723	$	(29,887	)	$	(14,711	)
Income from discontinued operations		-			-		-			170
Net income (loss)	$	(9,363	)	$	723	$	(29,887	)	$	(14,541	)
Denominator:
Weighted average shares used to compute basic net income (loss) per share		31,184,958			30,215,144		30,848,478			27,838,292
Weighted average shares used to compute diluted net income (loss) per share		31,184,958			30,611,304		30,848,478			27,838,292
Basic and diluted net income (loss) per share:
Continuing operations	$	(0.30	)	$	0.02	$	(0.97	)	$	(0.53	)
Discontinued operations	$	-		$	-	$	-		$	0.01
Net income (loss)	$	(0.30	)	$	0.02	$	(0.97	)	$	(0.52	)

Shares of common stock subject to repurchase resulting from the early exercise of employee stock options are not considered participating securities and are therefore excluded from the basic weighted average common shares outstanding.

The Company has excluded the impact of the following outstanding stock awards from the computation of diluted net income (loss) per share attributable to NeoPhotonics Corporation common stockholders, as their effect would have been antidilutive:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Employee stock options		3,979,813		1,454,417		3,979,813		2,725,525
Restricted stock units		1,135,929		37		1,135,929		914,587
Employee stock purchase plan		236,423		-		236,423		269,514
Common stock warrants		4,482		4,482		4,482		4,482
		5,356,647		1,458,936		5,356,647		3,914,108