Note 13 - Net Income (Loss) Per Ordinary Share

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

13.

Net income (loss) per ordinary share

The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) per share:

	Year ended December 31,
($ in thousands)	2019			2018
Numerator:
Income (loss) from continuing operations	$	(1,340	)	$	12,505
Income (loss) from discontinued operations		(469	)		108,274
Net income (loss)	$	(1,809	)	$	120,779
Denominator:
Weighted-average ordinary shares outstanding-basic		26,569,342			25,982,809
Dilutive effect of ordinary share equivalents resulting from ordinary share options, unvested restricted shares and RSUs		—			415,066
Weighted-average ordinary shares outstanding-diluted		26,569,342			26,397,875

The following numbers of outstanding ordinary share options, restricted shares and RSUs were excluded from the computation of diluted net loss per share for the periods with a net loss because their effect would have been anti-dilutive:

	Year ended December 31,
	2019		2018
Options to purchase ordinary shares		225,772		—
Unvested restricted shares and RSUs		61,741		—