XML 39 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Net Income (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2017
Net Income (Loss) per Share  
Schedule of calculation of basic and diluted net income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2017

    

2016

    

2017

    

2016

    

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

7,695

 

$

(142)

 

$

3,350

 

$

(219)

 

Decretion of redeemable convertible preferred stock

 

 

 —

 

 

2,641

 

 

 —

 

 

2,439

 

Undistributed income attributable to redeemable convertible preferred stockholders

 

 

 —

 

 

(1,271)

 

 

 —

 

 

(1,140)

 

Net income (loss) attributable to common stockholders, basic

 

$

7,695

 

$

1,228

 

$

3,350

 

$

1,080

 

Decretion of redeemable convertible preferred stock

 

 

 —

 

 

(2,641)

 

 

 —

 

 

(2,439)

 

Revaluation of warrant liability, net of tax

 

 

 —

 

 

(661)

 

 

 —

 

 

(675)

 

Adjustment to undistributed income attributable to redeemable convertible preferred stockholders

 

 

 —

 

 

1,271

 

 

 —

 

 

1,140

 

Net income (loss) attributable to common stockholders, diluted

 

$

7,695

 

$

(803)

 

$

3,350

 

$

(894)

 

Denominator (basic):

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding, basic

 

 

16,699,102

 

 

4,918,885

 

 

16,483,169

 

 

4,817,285

 

Denominator (diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

16,699,102

 

 

4,918,885

 

 

16,483,169

 

 

4,817,285

 

Effect of potential dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average dilutive effect of stock options

 

 

1,235,883

 

 

 —

 

 

1,308,202

 

 

 —

 

Weighted average dilutive effect of restricted shares

 

 

711,046

 

 

 

 

 

607,988

 

 

 —

 

Weighted average dilutive effect of common shares from warrants

 

 

 —

 

 

 —

 

 

12,441

 

 

 —

 

Dilutive effect from preferred stock and preferred stock warrants assuming conversion

 

 

 —

 

 

5,414,838

 

 

 —

 

 

5,414,765

 

Weighted average shares of common stock outstanding, diluted

 

 

18,646,031

 

 

10,333,723

 

 

18,411,800

 

 

10,232,050

 

Net income per share attributable to common stockholders, basic

 

$

0.46

 

$

0.25

 

$

0.20

 

$

0.22

 

Net income (loss) per share attributable to common stockholders, diluted

 

$

0.41

 

$

(0.08)

 

$

0.18

 

$

(0.09)

 

 

Schedule of shares excluded from the calculation of diluted net loss per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2017

    

2016

    

2017

    

2016

    

Stock options to purchase common stock

 

 —

 

2,723,193

 

 —

 

2,723,193

 

Restricted stock

 

 —

 

722,646

 

 —

 

722,646

 

Common stock warrants

 

 —

 

213,806

 

 —

 

213,806

 

 

 

 —

 

3,659,645

 

 —

 

3,659,645