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Net Income (Loss) Per Share (Tables) | 3 Months Ended
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Mar. 31, 2023
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 income (loss) per share calculations is as follows (in thousands, except per share data):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | ​
​ | ​ | March 31, | ​ | ​
​ |  | 2023 |  | 2022 |  |
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income (loss) attributable to AXT, Inc. | ​ | $ | (3,348) | ​ | $ | 3,165 | ​ | ​
Less: Preferred stock dividends | ​ |  | (44) | ​ |  | (44) | ​ | ​
Net income (loss) available to common stockholders | ​ | $ | (3,392) | ​ | $ | 3,121 | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic net income (loss) per share - weighted-average common shares | ​ |  | 42,498 | ​ |  | 41,871 | ​ | ​
Effect of dilutive securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Common stock options | ​ |  | — | ​ |  | 474 | ​ | ​
Restricted stock awards | ​ |  | — | ​ |  | 317 | ​ | ​
Denominator for dilutive net income (loss) per common shares | ​ |  | 42,498 | ​ |  | 42,662 | ​ | ​
Net income (loss) attributable to AXT, Inc. per common share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | (0.08) | ​ | $ | 0.07 | ​ | ​
Diluted | ​ | $ | (0.08) | ​ | $ | 0.07 | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Options excluded from diluted net income (loss) per share as the impact is anti-dilutive | ​ |  | 1,203 | ​ |  | 201 | ​ | ​
Restricted stock excluded from diluted net income (loss) per share as the impact is anti-dilutive | ​ |  | 1,081 | ​ |  | 218 | ​ | ​
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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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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