XML 44 R33.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Net Income Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Net Income Per Share |
Reconciliation of numerators and denominators of basic and diluted 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):
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to AXT, Inc |  | $ | 4,419 |  | $ | 2,229 |  | $ | 7,014 |  | $ | 3,422 |
Less: Preferred stock dividends |  |  | (44) |  |  | (44) |  |  | (132) |  |  | (132) |
Net income available to common stockholders |  | $ | 4,375 |  | $ | 2,185 |  | $ | 6,882 |  | $ | 3,290 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |
Denominator for basic net income per share - weighted average common shares |  |  | 38,499 |  |  | 32,110 |  |  | 36,999 |  |  | 32,043 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock options |  |  | 1,416 |  |  | 827 |  |  | 1,283 |  |  | 425 |
Restricted stock awards |  |  | 180 |  |  | 201 |  |  | 187 |  |  | 147 |
Denominator for dilutive net income per common shares |  |  | 40,095 |  |  | 33,138 |  |  | 38,469 |  |  | 32,615 |
Net income attributable to AXT, Inc. per common share: |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.11 |  | $ | 0.07 |  | $ | 0.19 |  | $ | 0.10 |
Diluted |  | $ | 0.11 |  | $ | 0.07 |  | $ | 0.18 |  | $ | 0.10 |
Options excluded from diluted net income per share as the impact is anti-dilutive |  |  | 68 |  |  | 652 |  |  | 573 |  |  | 910 |
Restricted stock excluded from diluted net income per share as the impact is anti-dilutive |  |  | 34 |  |  | — |  |  | 11 |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration