XML 42 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Net income per share (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Numerator:        
Net income $ 3,695,099 $ 2,225,413 $ 7,082,168 $ 5,268,441
Amounts allocated to participating preferred stockholders under the two-class method (319,921) (196,868) (613,173) (466,065)
Net income applicable to common stockholders (basic and dilutive) $ 3,375,178 $ 2,028,545 $ 6,468,995 $ 4,802,376
Denominator:        
Weighted-average common stock outstanding (basic) (in shares) 49,391,614 49,179,596 49,184,276 49,848,634
Common equivalent shares from options to purchase common stock (in shares) 1,870,155 2,074,627 2,112,743 2,153,615
Weighted-average common stock outstanding (diluted) (in shares) 51,261,769 51,254,223 51,297,019 52,002,249
Basic net income per share applicable to common stockholders ( in dollars per share) $ 0.07 $ 0.04 $ 0.13 $ 0.10
Diluted net income per share applicable to common stockholders (in dollars per share) $ 0.07 $ 0.04 $ 0.13 $ 0.09
Total anti-dilutive securities (in shares) 4,729,737 4,688,237 4,747,396 6,098,646
Contingently issued restricted shares        
Denominator:        
Total anti-dilutive securities (in shares) 396,500 396,500 396,500 396,500
Stock options        
Denominator:        
Total anti-dilutive securities (in shares) 41,500   28,921 581,665
Restricted stock        
Denominator:        
Total anti-dilutive securities (in shares)     30,238 23,574
Convertible preferred stock        
Denominator:        
Total anti-dilutive securities (in shares) 4,688,237 4,688,237 4,688,237 5,493,407