Basic and Diluted Net Income (Loss) Per Share

12 Months Ended

Jun. 30, 2012

Basic And Diluted Net Income Loss Per Share

Basic and Diluted Net Income (Loss) Per Share

Note 3 – Basic and Diluted Net Income (Loss) Per Share

The computations of basic and diluted net income (loss) per share are as follows (in thousands, except per share amounts):

	Year Ended June 30,
	2012		2011			2010
Numerator:
Net income (loss)	$	11,986	$	(35,203	)	$	(15,024	)
Denominator:
Weighted average common shares-basic		68,728		59,973			48,344
Effect of dilutive securities:
Employee stock options		3,781		-			-
Employee stock purchase plan		108		-			-
Weighted average common shares - diluted		72,617		59,973			48,344
Net income (loss) per share:
Basic	$	0.17	$	(0.59	)	$	(0.31	)
Diluted	$	0.17	$	(0.59	)	$	(0.31	)
Potentially dilutive securities excluded from net income (loss) per share – diluted because their effect is anti-dilutive		441		6,858			8,395