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Net Income (loss) Per Share (Tables)
9 Months Ended
Sep. 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
  
Nine Months Ended
 
 
 
September 30,
  
September 30,
 
 
 
2013
  
2012
  
2013
  
2012
 
Numerator:
 
  
  
  
 
Net income (loss) attributable to AXT, Inc.
 
$
(2,295
)
 
$
932
  
$
(6,730
)
 
$
3,866
 
Less: Preferred stock dividends
  
(44
)
  
(44
)
  
(132
)
  
(132
)
 
                
Net income (loss) available to common stockholders
 
$
(2,339
)
 
$
888
  
$
(6,862
)
 
$
3,734
 
Denominator:
                
Weighted average common shares (basic)
  
32,366
   
32,183
   
32,407
   
32,118
 
Effect of dilutive securities:
                
Common stock options
  
   
582
   
   
754
 
Restricted stock awards
  
   
4
   
   
39
 
Weighted average common shares (dilutive)
  
32,366
   
32,769
   
32,407
   
32,911
 
Net income (loss) attributable to AXT, Inc. per common share:
                
Basic
 
$
(0.07
)
 
$
0.03
  
$
(0.21
)
 
$
0.12
 
Diluted
 
$
(0.07
)
 
$
0.03
  
$
(0.21
)
 
$
0.11
 
Options excluded from diluted net income (loss)  per share as the impact is anti-dilutive
  
2,524
   
992
   
2,563
   
977
 
Restricted stock excluded from diluted net income (loss) per share as the impact is anti-dilutive
  
243
   
172
   
242
   
14