Net (loss) Income Per Common Share

12 Months Ended

Dec. 31, 2020

Net (loss) Income Per Common Share

Net (loss) Income Per Common Share

Note 16.  Net (Loss) Income Per Common Share

The following table sets forth the computation of our basic and diluted net (loss) income per share:

	Year Ended
	December 31,
(In thousands, except share and per share data)	2020		2019		2018
Net (loss) income	$	(620)	$	10,971	$	6,623
Weighted-average shares outstanding		19,346,929		18,919,007		18,252,689
Dilutive effect of stock-based awards		—		722,136		1,094,943
Weighted-average shares used to compute diluted net (loss) income per share		19,346,929		19,641,143		19,347,632
Net (loss) income per share - Basic	$	(0.03)	$	0.58	$	0.36
Net (loss) income per share - Diluted	$	(0.03)	$	0.56	$	0.34

The following common stock-based awards were excluded from the computation of diluted net (loss) income per common share for the periods presented because including them would have been anti-dilutive:

	Year Ended
	December 31,
	2020	2019	2018
Restricted stock units	218,686	38,103	16,283
Common stock options	1,039,709	278,363	111,565
Performance stock units	96,383	25,724	—
Employee stock purchase plan	53,205	45,182	—
Total	1,407,983	387,372	127,848