Note 11 - Net Income (Loss) Per Ordinary Share

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

11. 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:

	Three months ended September 30,						Nine months ended September 30,
($ in thousands)	2020			2019			2020			2019
Numerator
Income (loss) from continuing operations	$	(99	)	$	1,186		$	(15,013	)	$	280
Income (loss) from discontinued operations		(50	)		(469	)		(848	)		(469	)
Net income (loss)	$	(149	)	$	717		$	(15,861	)	$	(189	)
Denominator
Weighted-average ordinary shares - basic		25,898,067			26,751,083			25,975,250			26,631,704
Dilutive effect of ordinary share equivalents resulting from ordinary share options and RSUs		—			185,458			—			272,777
Weighted-average ordinary shares - diluted		25,898,067			26,936,541			25,975,250			26,904,481

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

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Outstanding options to purchase ordinary shares		114,933		—		112,907		—
Unvested RSUs		80,630		—		62,828		—