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Net Income (loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Net Income (loss) Per Share [Abstract]  
Reconciliation of numerators and denominators of basic and diluted net income (loss) per share
A reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share calculations is as follows (in thousands, except per share data):

 
 
Three Months Ended
  
Six Months Ended
 
 
 
June 30,
  
June 30,
 
 
 
2013
  
2012
  
2013
  
2012
 
Numerator:
 
  
  
  
 
Net income (loss) attributable to AXT, Inc.
 
$
(2,035
)
 
$
1,299
  
$
(4,435
)
 
$
2,934
 
Less: Preferred stock dividends
  
(44
)
  
(44
)
  
(88
)
  
(88
)
 
                
Net income (loss) available to common stockholders
 
$
(2,079
)
 
$
1,255
  
$
(4,523
)
 
$
2,846
 
Denominator:
                
Denominator for basic net income (loss) per share - weighted average common shares
  
32,382
   
32,138
   
32,340
   
32,086
 
Effect of dilutive securities:
                
Common stock options
  
   
774
   
   
838
 
Restricted stock awards
  
   
32
   
   
57
 
Denominator for dilutive net income (loss) per common share
  
32,382
   
32,944
   
32,340
   
32,981
 
Net income (loss) attributable to AXT, Inc. per common share:
                
Basic
 
$
(0.06
)
 
$
0.04
  
$
(0.14
)
 
$
0.09
 
Diluted
 
$
(0.06
)
 
$
0.04
  
$
(0.14
)
 
$
0.09
 
Options excluded from diluted net income (loss)  per share as the impact is anti-dilutive
  
2,509
   
997
   
2,583
   
907
 
Restricted stock excluded from diluted net income (loss) per share as the impact is anti-dilutive
  
246
   
14
   
242
   
15