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Net Income (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2013
Basic and Diluted Net Income (Loss) Per Share Attributable to Ordinary Shareholders

Basic and diluted net income per share attributable to ordinary shareholders was calculated as follows for the years ended December 31, 2013, 2012 and 2011:

 

     Year Ended December 31,  
     2013     2012     2011  

Basic net income per share attributable to ordinary shareholders:

      

Numerator:

      

Net income

   $ 30,457      $ 5,408      $ 2,869   

Accretion of redeemable convertible preferred shares to redemption value

     —          (335 )      (446 ) 

Net income attributable to participating securities

     —          —         (2,294 ) 
  

 

 

   

 

 

   

 

 

 

Net income attributable to ordinary shareholders

   $ 30,457      $ 5,073      $ 129   
  

 

 

   

 

 

   

 

 

 

Denominator:

      

Weighted average ordinary shares outstanding—basic

     35,722,300        8,822,169        1,497,150   
  

 

 

   

 

 

   

 

 

 

Net income per share attributable to ordinary shareholders—basic

   $ 0.85      $ 0.58      $ 0.09   
  

 

 

   

 

 

   

 

 

 

Diluted net income per share attributable to ordinary shareholders:

       

Numerator:

       

Net income

   $ 30,457       $ 5,408      $ 2,869   

Accretion of redeemable convertible preferred shares to redemption value

     —          (335 )      (446 ) 

Net income attributable to participating securities

     —          —         (2,248 ) 
  

 

 

    

 

 

   

 

 

 

Net income attributable to ordinary shareholders—diluted

   $ 30,457       $ 5,073      $ 175   
  

 

 

    

 

 

   

 

 

 

Denominator:

       

Weighted average ordinary shares outstanding—basic

     35,722,300         8,822,169        1,497,150   

Dilutive effect of ordinary share equivalents

     1,417,539         1,262,411        580,442   
  

 

 

    

 

 

   

 

 

 

Weighted average ordinary shares outstanding—diluted

     37,139,839         10,084,580        2,077,592   
  

 

 

    

 

 

   

 

 

 

Net income per share attributable to ordinary shareholders—diluted

   $ 0.82       $ 0.50      $ 0.08