Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.19.2
Earnings Per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The computation of the Company’s basic and diluted net (loss) income per share is as follows (in thousands, except per share amounts):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 

Net (loss) income attributable to common stockholders
 
$
(1,293
)
 
$
7,409

 
$
(15,155
)
 
$
35,441

Denominator:
 
 
 
 
 
 
 
 

Weighted average shares used to compute net (loss) income per share attributable to common stockholders, basic
 
115,765

 
109,559

 
114,843

 
108,510

Weighted average effect of potentially dilutive shares to purchase common stock
 

 
7,508

 

 
5,420

Weighted average shares used to compute net (loss) income per share attributable to common stockholders, diluted
 
115,765

 
117,067

 
114,843

 
113,930

Net (loss) income per share attributable to common stockholders
 
 
 
 
 
 
 
 
Basic
 
$
(0.01
)
 
$
0.07

 
$
(0.13
)
 
$
0.33

Diluted
 
$
(0.01
)
 
$
0.06

 
$
(0.13
)
 
$
0.31



The following shares were excluded from the computation of diluted net (loss) income per share as the impact of including those shares would be anti-dilutive (in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Warrants
 

 
1,251

 

 
1,251

Outstanding stock options
 
1,512

 
2,188

 
1,413

 
6,052

Unvested restricted stock units
 
352

 
334

 
916

 
1,057

Total
 
1,864

 
3,773

 
2,329

 
8,360