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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Summary of Significant Accounting Policies  
Schedule of the Company's net income per share

The Company’s computation of net (loss) income per share is as follows (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

    

2017

    

2016

    

2017

    

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income - basic

 

$

(3,301)

 

$

2,332

 

$

(2,423)

 

$

3,229

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - basic

 

 

34,322

 

 

32,652

 

 

34,234

 

 

32,477

 

Common stock equivalents from outstanding common stock options

 

 

 -

 

 

3,510

 

 

 -

 

 

3,485

 

Common stock equivalents for ESPP

 

 

 -

 

 

20

 

 

 -

 

 

12

 

Common stock equivalents from outstanding common stock warrants

 

 

 -

 

 

 -

 

 

 -

 

 

 1

 

Weighted average number of common shares outstanding - diluted

 

 

34,322

 

 

36,182

 

 

34,234

 

 

35,975

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net (loss) income per share

 

$

(0.10)

 

$

0.07

 

$

(0.07)

 

$

0.10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net (loss) income per share

 

$

(0.10)

 

$

0.06

 

$

(0.07)

 

$

0.09

 

 

Schedule of potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders

Potentially dilutive securities not included in the calculation of diluted net (loss) income per share because to do so would be anti-dilutive were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

  

 

    

2017

    

2016

    

2017

    

2016

 

Stock options outstanding

 

5,737

 

2,151

 

5,805

 

2,157

 

ESPP

 

19

 

 -

 

19

 

 -

 

 

 

5,756

 

2,151

 

5,824

 

2,157