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Net Income (Loss) Per Share (Tables) | 6 Months Ended
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Jun. 30, 2020
Net Income (Loss) 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 loss per share calculations is as follows (in thousands, except per share data):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to AXT, Inc. | ​ | $ | 361 | ​ | $ | 1,451 | ​ | $ | 183 | ​ | $ | 347 | ​
Less: Preferred stock dividends | ​ |  | (44) | ​ |  | (44) | ​ |  | (88) | ​ |  | (88) | ​
Net income available to common stockholders | ​ | $ | 317 | ​ | $ | 1,407 | ​ | $ | 95 | ​ | $ | 259 | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic net income per share - weighted-average common shares | ​ |  | 39,973 | ​ |  | 39,447 | ​ |  | 39,891 | ​ |  | 39,399 | ​
Effect of dilutive securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Common stock options | ​ |  | 552 | ​ |  | 624 | ​ |  | 478 | ​ |  | 602 | ​
Restricted stock awards | ​ |  | 225 | ​ |  | 52 | ​ |  | 174 | ​ |  | 44 | ​
Denominator for dilutive net income per common shares | ​ |  | 40,750 | ​ |  | 40,123 | ​ |  | 40,543 | ​ |  | 40,045 | ​
Net income attributable to AXT, Inc. per common share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | 0.01 | ​ | $ | 0.04 | ​ | $ | 0.00 | ​ | $ | 0.01 | ​
Diluted | ​ | $ | 0.01 | ​ | $ | 0.04 | ​ | $ | 0.00 | ​ | $ | 0.01 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Options excluded from diluted net income per share as the impact is anti-dilutive | ​ |  | 1,270 | ​ |  | 1,280 | ​ |  | 1,701 | ​ |  | 1,284 | ​
Restricted stock excluded from diluted net income per share as the impact is anti-dilutive | ​ |  | 343 | ​ |  | 568 | ​ |  | 436 | ​ |  | 550 | ​

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- 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://fasb.org/us-gaap/role/ref/legacyRef -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
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