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NET INCOME PER SHARE OF COMMON STOCK
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
NET INCOME PER SHARE OF COMMON STOCK
NOTE 7: NET INCOME PER SHARE OF COMMON STOCK

Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during each period. Diluted net income per share is computed based on the weighted average number of shares of common stock outstanding during each period, plus dilutive potential shares of common stock considered outstanding during the period, in accordance with FASB ASC No. 260, “Earnings Per Share.”

 

     Three months ended
March 31,
 
     2016      2015  
     (unaudited)      (unaudited)  

Numerator:

     

Net income

   $ 1,800       $ 486   
  

 

 

    

 

 

 

Denominator (in thousands):

     

Basic weighted-average common stock outstanding

     20,520         20,418   

Effect of stock -based awards

     406         540   
  

 

 

    

 

 

 

Diluted weighted average common stock outstanding

     20,926         20,958   
  

 

 

    

 

 

 

Basic and diluted net income per share

   $ 0.09       $ 0.02   
  

 

 

    

 

 

 

 

The weighted average number of shares related to outstanding stock-based awards excluded from the calculation of diluted net income per share, since their effect was anti-dilutive, was 755,182 and 825,296 shares for the three months ended March 31, 2016 and 2015, respectively.