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Earnings Per Share

12 Months Ended

Dec. 31, 2020

EARNINGS PER SHARE

Basic earnings per share amounts are computed based on the weighted average number of common shares outstanding. Diluted weighted average shares outstanding include the weighted average number of common shares outstanding plus potentially dilutive common shares outstanding during the period.

The following schedule reconciles the computation of basic and diluted net loss per share (in thousands, except per share data):


	Year Ended December 31,
	2020		2019
Net loss	$	(26,529)	$	(9,077)
Weighted average shares outstanding - basic and diluted	40,712		37,851



Net loss per share - basic and diluted	$	(0.65)	$	(0.24)

The following shares were excluded from the calculation of diluted net loss per share as their effect would have been anti-dilutive (in thousands):


	Year Ended December 31,
	2020	2019
Employee equity incentive plans	4,148	3,419

Potentially dilutive common shares from employee equity incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options, the assumed vesting of outstanding restricted stock units, and the assumed issuance of common stock under the employee stock purchase plan.