| Net Income Per Share Attributable to Common Stockholders |
Net Income Per Share Attributable to Common Stockholders
The computations for basic and diluted net income per share attributable to common stockholders are as follows: | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 30, | | September 30, | | 2013 | | 2012 | | 2013 | | 2012 | | (in thousands) | Numerator: | | | | | | | | Net income | $ | 1,309 |
| | $ | 1,667 |
| | $ | 1,579 |
| | $ | 1,105 |
| Net income attributable to participating securities | (2 | ) | | (1,252 | ) | | (2 | ) | | (841 | ) | Net income attributable to common stockholders - basic | 1,307 |
| | 415 |
| | 1,577 |
| | 264 |
| Undistributed earnings reallocated to participating securities | 1 |
| | 1,249 |
| | — |
| | 839 |
| Net income attributable to common stockholders - diluted | $ | 1,308 |
| | $ | 1,664 |
| | $ | 1,577 |
| | $ | 1,103 |
| Denominator: | | | | | | | | Weighted-average shares used in computing net income per share attributable to common stockholders - basic | 32,088 |
| | 5,843 |
| | 31,789 |
| | 5,540 |
| Effect of potentially dilutive securities: | | | | | | | | Convertible preferred stock | — |
| | 17,597 |
| | — |
| | 17,597 |
| Common stock options | 4,159 |
| | 3,105 |
| | 3,915 |
| | 2,829 |
| Contingently issuable shares related to an acquisition | — |
| | — |
| | — |
| | 6 |
| Weighted-average shares used in computing net income per share attributable to common stockholders - diluted | 36,247 |
| | 26,545 |
| | 35,704 |
| | 25,972 |
| Net income per share attributable to common stockholders: | | | | | | | | Basic | $ | 0.04 |
| | $ | 0.07 |
| | $ | 0.05 |
| | $ | 0.05 |
| Diluted | $ | 0.04 |
| | $ | 0.06 |
| | $ | 0.04 |
| | $ | 0.04 |
|
All of the convertible preferred stock automatically converted to common stock on a 1-for-1 basis in connection with the consummation of the Company's initial public offering. For the three and nine months ended September 30, 2012, the amounts presented in the table above were the weighted average shares of common stock underlying outstanding shares of convertible preferred stock.
The following shares were excluded in the calculation of diluted net income per share because their inclusion would have been anti-dilutive: | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 30, | | September 30, | | 2013 | | 2012 | | 2013 | | 2012 | | (in thousands) | Common stock options | 394 |
| | 1,108 |
| | 956 |
| | 1,031 |
| | 394 |
| | 1,108 |
| | 956 |
| | 1,031 |
|
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