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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss Per Share of Common Stock
The following table presents the calculation of basic and diluted net income (loss) per share of common stock for the three months ended March 31, 2020 and 2019:
 
 
Three Months Ended
(in thousands, except for share and per share amounts)
March 31,
2020
 
March 31,
2019
Numerator:
 
 
 
Net income (loss)
$
486

 
$
(612
)
Denominator:
 
 
 
Weighted average shares outstanding, basic
53,806,317

 
52,752,774

Effect of dilutive securities
1,063,829

 

Weighted average shares outstanding, diluted
54,870,146

 
52,752,774

Net income (loss) per share, basic and diluted:
 
 
 
Basic
$
0.01

 
$
(0.01
)
Diluted
$
0.01

 
$
(0.01
)
Antidilutive securities excluded from calculations of diluted net income (loss) per share
3,095,224

 
3,068,806