Net Income (Loss) per Share

9 Months Ended

Sep. 30, 2014

Net Income (Loss) per Share [Abstract]

Net Income (Loss) per Share

(8)   Net Income (Loss) per Share

We compute net income (loss) per share using the two-class method, which is an allocation formula that determines net income (loss) per share for common stock and participating securities which for us are our outstanding RSUs (restricted stock units). 

The following table sets forth the computation of net income (loss) per share for the nine and three months ended September 30, 2014. The adjustments for 2013 were not significant (in thousands, except per share amounts): 

	Nine months		Three months
Numerator:
Net income (loss)	$	826	$	(5,768)
Less:  earnings allocated to RSUs		(23)
Net income (loss) available to common shareholders	$	803	$	(5,768)
Denominator:
Average number of common shares outstanding		28,766		28,772
Potential dilutive shares		342		538
Average number of diluted shares outstanding		29,108		29,310
Net income (loss) per share:
Basic	$	0.03	$	(0.20)
Diluted	$	0.03	$	(0.20)