Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Computation of net income (loss) per share (Tables)

v2.4.1.9
Computation of net income (loss) per share (Tables)
 12 Months Ended
Dec. 31, 2014
Computation of net income (loss) per share [Abstract]  
Schedule of Calculation of Basic and Diluted Net Income Per Share

The following table presents the calculation of basic and diluted net income per share:

 

Year ended December 31, 
2014   2013   2012
(In thousands, except per share amounts) 
Numerator:  
Net income (loss) – numerator for basic net income (loss) per share $ (119,420)   $ (26,954)   $ 8,491

Add:

    
Dilutive effect of  earn-out obligation
-   (1,683)   -
Numerator for diluted income (loss) per share $ (119,420)   $ (28,637)   $ 8,491
Denominator:    
Weighted average shares – denominator for basic net income (loss) per share 50,019   42,079   22,812
Add:    
Dilutive effect of  earn-out obligation -   20   -
Additional shares from the assumed exercise of employee stock options -   -   964
Denominator for diluted income (loss) per share 50,019   42,099   23,776
Net income (loss) per share    
Basic $ (2.39)   $ (0.64)   $ 0.37
Diluted $ (2.39)   $ (0.68)   $ 0.36