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NET INCOME (LOSS) PER SHARE - Note 9
 3 Months Ended
Jun. 30, 2016
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 (loss) per share (in thousands, except share and per share data):

      Three Months Ended
      June 30,
      2016     2015
Numerator:            
Net loss available to common stockholders   $ (528)   $ (472)
             
Denominator:            
Common shares     89,434      88,233 
             
Denominator for basic calculation     89,434      88,233 
Employee stock options      -      - 
Stock purchase rights     -      - 
Denominator for diluted calculation      89,434      88,233 
             
Net loss per share            
     Basic    $ (0.01)   $ (0.01)
     Diluted    $ (0.01)   $ (0.01)

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,
      2016     2015
Employee stock options     1,528      2,447 
Stock purchase rights     1,602      70 
Total anti-dilutive employee stock-based securities     3,130      2,517