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NET INCOME (LOSS) PER SHARE - Note 9
3 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
NET INCOME (LOSS) PER SHARE - Note 9

9. NET INCOME (LOSS) PER SHARE

 

The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net income per share (in thousands, except share and per share data):

      Three Months Ended
      June 30,
      2015     2014
Numerator:            
Net income (loss) available to common stockholders   $ (472)   $
             
Denominator:            
Common shares     88,233      88,592 
             
Denominator for basic calculation     88,233      88,592 
Employee stock options          2,480 
Stock purchase rights         373 
Denominator for diluted calculation      88,233      91,445 
             
Net income (loss) per share            
     Basic    $ (0.01)   $ 0.00 
     Diluted    $ (0.01)   $ 0.00 

 

The following shares attributable to outstanding stock options and restricted stock purchase rights were excluded from the calculation of diluted earnings per share because their inclusion would have been antidilutive (in thousands):

      Three Months Ended
      June 30,
      2015     2014
Employee stock options     2,447      1,370 
Stock purchase rights     70      79 
Total anti-dilutive employee stock-based securities     2,517      1,449