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Net Income (Loss) Per Share
 12 Months Ended
Dec. 31, 2015
Net Income (Loss) Per Share  
Net Income (Loss) Per Share

Note 14. Net Income per Share

A reconciliation of the numerators and denominators of the basic and diluted net income per share calculations is as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended

 

 

 

December 31, 

 

 

 

2015

    

2014

    

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Net loss attributable to AXT, Inc

 

$
(2,228)

 

$
(1,388)

 

$
(7,958)

 

Less: Preferred stock dividends

 

 
(177)

 

 
(177)

 

 
(177)

 

Net loss available to common stockholders

 

$
(2,405)

 

$
(1,565)

 

$
(8,135)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Denominator for basic net loss per share - weighted average common shares

 

 
32,183

 

 
32,452

 

 
32,700

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

Common stock options

 

 

 —

 

 

 —

 

 

 —

 

Restricted stock awards

 

 

 —

 

 

 —

 

 

 —

 

Denominator for dilutive net loss per common shares

 

 
32,183

 

 
32,452

 

 
32,700

 

 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share:

 

 

 

 

 

 

 

 

 

 

Net income attributable to AXT, Inc

 

$
(0.07)

 

$
(0.05)

 

$
(0.25)

 

Net income to common stockholders

 

$
(0.07)

 

$
(0.05)

 

$
(0.25)

 

Diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

Net income attributable to AXT, Inc

 

$
(0.07)

 

$
(0.05)

 

$
(0.25)

 

Net income to common stockholders

 

$
(0.07)

 

$
(0.05)

 

$
(0.25)

 

Options excluded from diluted net loss per share as the impact is anti-dilutive

 

 
3,779

 

 
2,772

 

 
2,671

 

Restricted stock excluded from diluted net loss per share as the impact is anti-dilutive

 

 
546

 

 
252

 

 
241