Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

9. Net Income (Loss) Per Share

The following table presents the calculation of basic and diluted net income (loss) per share (amounts in thousands, except per share data):

	Three Months Ended
	March 31,
	2019			2018
Numerator:
Basic:
Net income (loss)	$	(618	)	$	473
Diluted:
Net income (loss)	$	(618	)	$	473
Denominator:
Basic shares:
Weighted-average shares outstanding in computing basic    net income (loss) per share		17,172,699			16,823,851
Diluted shares:
Effect of potentially dilutive securities:
Stock awards (1)		—			1,353,754
Weighted-average shares used in computing diluted net    income (loss) per share		17,172,699			18,177,605
Net income (loss) per common share:
Basic	$	(0.04	)	$	0.03
Diluted	$	(0.04	)	$	0.03

(1) Including early-exercised options.

For a net loss period, basic net loss per share and diluted net loss per share are the same as the effect of potential common shares is antidilutive and therefore excluded. The potentially dilutive securities outstanding for the three months ended March 31, 2019 and 2018 that were excluded from the computation of diluted net income (loss) per common share for the period presented as the effect would have been antidilutive was 366,000 and 32,000 shares, respectively.