NOTE 8: NET INCOME (LOSS) PER SHARE OF COMMON STOCK

Basic net income (loss) per share is computed based on the weighted average number of shares of common stock outstanding during each period. Diluted net income (loss) per share is computed based on the weighted average number of shares of common stock outstanding during each period, plus dilutive potential shares of common stock considered outstanding during the period, in accordance with FASB ASC No. 260, “Earnings Per Share.”


	Three months ended March 31,
	2018 (unaudited)			2017 (unaudited)
Numerator:
Net income (loss)	$	(2,182	)	$	4,107

Denominator (in thousands):
Basic weighted-average common stock outstanding		22,148			21,398
Effect of stock -based awards		—			789

Diluted weighted average common stock outstanding		22,148			22,187

Basic net income (loss) per share	$	(0.10	)	$	0.19

Diluted net income (loss) per share	$	(0.10	)	$	0.19

The weighted average number of shares related to outstanding equity-based awards excluded from the calculation of diluted net income per share, since their effect was anti-dilutive, was 104,000 shares for the three months ended March 31, 2017. The total number of shares related to the outstanding stock options excluded from the calculation of diluted net loss per share was 1,354,693 for the three months ended March 31, 2018.