NET INCOME (LOSS) PER SHARE - Note 8

6 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NET INCOME (LOSS) PER SHARE - Note 8

8. NET INCOME (LOSS) PER SHARE

The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net income (loss) per share (in thousands, except share and per share data):

		Three Months Ended				Six Months Ended
		September 30,				September 30,
		2017		2016		2017		2016
Numerator:
Net income (loss) available to common stockholders	$	(546)	$	27	$	(2,715)	$	(501)
Denominator:
Common shares		91,689		89,987		91,667		89,171
Denominator for basic calculation		91,689		89,987		91,667		89,171
Employee stock options		-		1,717		-		-
Stock purchases rights		-		1,743		-		-
Denominator for diluted calculation		91,689		93,447		91,667		89,171
Net income (loss) per share
Basic	$	(0.01)	$	0.00	$	(0.03)	$	(0.01)
Diluted	$	(0.01)	$	0.00	$	(0.03)	$	(0.01)

The following shares attributable to outstanding stock options and stock awards were excluded from the calculation of diluted earnings per share because their inclusion would have been antidilutive (in thousands):

	Three Months Ended		Six Months Ended
	September 30,		September 30,
	2017	2016	2017	2016
Stock options	4,228	187	4,228	4,784
Stock awards	5,899	307	5,899	5,451
Total anti-dilutive shares	10,127	494	10,127	10,235