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Income (Loss) Per Share
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Income (Loss) per Share

Note 12. Income (Loss) per Share

The following table presents the calculation of basic and diluted income (loss) per share for the three and six months ended June 30, 2018 and 2017:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

(in thousands, except per share data)

 

Net income (loss)

 

$

(1,049

)

 

$

(25

)

 

$

(2,959

)

 

$

207

 

Weighted-average common shares—outstanding, basic

 

 

17,919

 

 

 

17,711

 

 

 

17,891

 

 

 

17,694

 

Weighted-average common shares—outstanding, diluted

 

 

17,919

 

 

 

17,711

 

 

 

17,891

 

 

 

18,156

 

Net income (loss) per common share, basic

 

$

(0.06

)

 

$

(0.00

)

 

$

(0.17

)

 

$

0.01

 

Net income (loss) per common share, diluted

 

$

(0.06

)

 

$

(0.00

)

 

$

(0.17

)

 

$

0.01

 

The following securities have been excluded from the calculation of diluted income (loss) per share because their effect would have been anti-dilutive:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

(in thousands)

 

Options

 

436

 

 

 

487

 

 

 

433

 

 

 

21

 

RSUs

 

1,055

 

 

 

487

 

 

 

961

 

 

 

15

 

 

The anti-dilutive shares described above were calculated using the treasury stock method. During the three and six months ended June 30, 2018, the Company had outstanding stock options and RSUs that were excluded from the weighted-average share calculation due to the Company’s net loss position.