7.STOCKHOLDERS’ EQUITY AND EARNINGS (LOSS) PER SHARE

Basic loss per share is computed using the net loss and the weighted average number of common shares outstanding during the period. Diluted loss per share is computed using the net loss and the weighted average number of common shares and potential common shares outstanding during the period when the potential common shares are dilutive. Potential dilutive common shares consist of outstanding stock options. The following table presents the calculation of basic and diluted income (loss) per share (in thousands, except per share amounts):

	Three Months Ended December 31,						Nine Months Ended December 31,
	2014			2013			2014			2013

Net income (loss):
Loss from continuing operations, net of tax	$	(20,392	)	$	(798	)	$	(26,453	)	$	(4,801	)
Income from discontinued operations, net of tax	—			7,195			—			8,782
Net income (loss)	$	(20,392	)	$	6,397		$	(26,453	)	$	3,981

Weighted average shares:
Weighted-average shares of common stock outstanding used in computing basic net income (loss) per share	31,560			30,176			31,109			30,116
Weighted average shares of potential dilutive common shares	—			—			—			—
Weighted average shares used in computing diluted net income (loss) per share	31,560			30,176			31,109			30,116

Basic and diluted net income (loss) per share:
Loss from continuing operations	$	(0.65	)	$	(0.03	)	$	(0.85	)	$	(0.16	)
Income from discontinued operations	$	—		$	0.24		$	—		$	0.29
Net income (loss)	$	(0.65	)	$	0.21		$	(0.85	)	$	0.13

The following table sets forth potential shares of common stock that are not included in the diluted net income (loss) per share calculation because to do so would be antidilutive for the periods indicated below (in thousands):

	Three Months Ended December 31,		Nine Months Ended December 31,
	2014	2013	2014	2013
Options that were not included in the computation of diluted shares outstanding because the Company did not report net income from continuing operations, prior to applying the treasury stock method	4,771	3,623	4,057	3,879

Holdback shares from acquisition of Storycode	—	444	—	444

The change in accumulated other comprehensive income (loss) during the three and nine-month periods ended December 31, 2014 and 2013 is the result of the effect of foreign exchange rate changes.