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Income Per Share
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Income Per Share
15
INCOME PER SHARE
Basic net income (loss) per share is computed using the weighted average number of common shares outstanding for the period. Basic and diluted net income per ordinary share is calculated as follows:
 
   
For the Years Ended December 31,
 
   
2019
   
2018
   
2017
 
Numerator:
               
Net income (loss)
  
$
2,325   
$
(7,515)   
$
 		(4,757) 
   
 
 
   
 
 
   
 
 
 
Denominator:
               
Weighted average number of common shares - Basic
   49,418,228    44,356,699    39,143,912 
Effect of dilutive securities- share-based employee options and awards
   1,760,753    —    — 
   
 
 
   
 
 
   
 
 
 
Weighted average number of common shares - Diluted
   51,178,981    44,356,699    39,143,912 
   
 
 
   
 
 
   
 
 
 
Antidilutive options and awards (1)
   
310,000
    2,174,999    1,163,648 
Net income (loss) per ordinary share:
               
Basic
  
$
 		0.05   
$
(0.17)   
$
(0.12) 
 
  
 
 
   
 
 
   
 
 
 
Diluted
  
$
0.05   
$
(0.17)   
$
(0.12) 
   
 
 
   
 
 
   
 
 
 
 
 
(1)
Options to purchase shares of common stock and unvested RSUs are not included in the calculation of net income (loss) per share because the effect would have been anti-dilutive.
 
On March 24, 2020, the Company completed an underwritten public offering of 3,125,000 common shares in the capital of the Company (“Common Shares”), plus the exercise in full of the over-allotment option of 468,750 Common Shares (the “Offered Shares”) (note 18).