• Filing Date: 2017-08-09
  • Form Type: 10-Q
  • Description: Quarterly report
v3.7.0.1
NET INCOME (LOSS) PER SHARE (Tables)
3 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Computation of basic and diluted net income (loss) per share
The following is the computation of basic and diluted net income (loss) per share (in thousands, except per share data):
 
Three Months Ended
 
June 30, 2017
 
June 30, 2016
Numerator:
 
 
 
Net loss
$
(3,674
)
 
$
(3,520
)
 
 
 
 
Denominator:
 
 
 
Weighted average shares:
 
 
 
Basic
34,084

 
33,292

Dilutive shares from stock plans

 

Dilutive shares from convertible subordinated notes

 

Diluted
34,084

 
33,292

 
 
 
 
Basic and diluted net loss per share
$
(0.11
)
 
$
(0.11
)
Schedule of antidilutive securities excluded from computation of diluted net income (loss) per share
The computations of diluted net income (loss) per share for the periods presented exclude the following because the effect would have been anti-dilutive (in millions):
 
Three Months Ended
 
June 30, 2017
 
June 30, 2016
Weighted average shares excluded:
 
 
 
4.50% convertible subordinated notes
4.8

 
5.3

Stock options
0.2

 
0.5

Unvested restricted stock units
1.5

 
1.4

 
 
 
 
Interest expense excluded:
 
 
 
4.50% convertible subordinated notes
$
0.8

 
$
0.9