| Net Income per Share |
Net Income (Loss) per Share The following is a reconciliation of the numerator and denominator of basic and diluted net income (loss) per share of common stock: | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Six Months Ended December 31, | | 2017 | | 2016 | | 2017 | | 2016 | Numerator: | | | | | | | | Net income (loss) | $ | (10,666 | ) | | $ | 2,983 |
| | $ | (5,099 | ) | | $ | 6,807 |
| Allocation of earnings to participating securities | — |
| | (44 | ) | | — |
| | (100 | ) | Numerator for basic EPS - Net income (loss) available to common stockholders | $ | (10,666 | ) | | $ | 2,939 |
| | $ | (5,099 | ) | | $ | 6,707 |
| Effect of dilutive securities: | | | | | | | | Dilutive effect to participating securities | — |
| | 1 |
| | — |
| | 3 |
| Numerator for diluted EPS | $ | (10,666 | ) | | $ | 2,940 |
| | $ | (5,099 | ) | | $ | 6,710 |
| Denominator: | |
| | |
| | |
| | |
| Weighted-average common shares outstanding - basic | 17,975,883 |
| | 16,900,387 |
| | 17,971,439 |
| | 16,893,775 |
| Effect of dilutive shares | — |
| | 543,757 |
| | — |
| | 497,629 |
| Weighted-average common shares outstanding - diluted | 17,975,883 |
| | 17,444,144 |
| | 17,971,439 |
| | 17,391,404 |
| Net income (loss) per share - basic | $ | (0.59 | ) | | $ | 0.17 |
| | $ | (0.28 | ) | | $ | 0.39 |
| Net income (loss) per share - diluted | $ | (0.59 | ) | | $ | 0.17 |
| | $ | (0.28 | ) | | $ | 0.39 |
|
Potential dilutive shares are excluded from the computation of earnings per share if their effect is anti-dilutive. There were no stock options that were anti-dilutive for the three months ended December 31, 2016. There were 46,500 stock options that were anti-dilutive for the six months ended December 31, 2016. |