Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.19.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Computation of basic and diluted net income (loss) per share
The computation of the Company’s basic and diluted net income (loss) per share is as follows (in thousands, except per share amounts):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 

Net income (loss) attributable to common stockholders
 
$
28,990

 
$
(2,896
)
 
$
13,835

 
$
32,545

Denominator:
 
 
 
 
 
 
 
 

Weighted average shares used to compute net income (loss) per share attributable to common stockholders, basic
 
117,652

 
111,134

 
115,790

 
109,351

Weighted average effect of potentially dilutive shares to purchase common stock
 
7,499

 
9,262

 
7,855

 
6,701

Weighted average shares used to compute net income (loss) per share attributable to common stockholders, diluted
 
125,151

 
120,396

 
123,645

 
116,052

Net income (loss) per share attributable to common stockholders
 
 
 
 
 
 
 
 
Basic
 
$
0.25

 
$
(0.03
)
 
$
0.12

 
$
0.30

Diluted
 
$
0.23

 
$
(0.02
)
 
$
0.11

 
$
0.28


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

 

 

 
834

Outstanding stock options
 
1,540

 
527

 
1,455

 
4,211

Unvested restricted stock units
 
343

 
240

 
725

 
784

Total
 
1,883

 
767

 
2,180

 
5,829