Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.0.8
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share  
Schedule of reconciliation of the numerators and denominators used in computing basic and diluted net income per share

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

1,306

 

$

551

 

$

2,965

 

$

623

 

 

 

 

 

 

 

 

 

 

 

Basic number of weighted-average shares outstanding

 

33,686,112

 

32,296,636

 

32,912,084

 

32,102,386

 

Effect of dilutive shares:

 

 

 

 

 

 

 

 

 

Options to purchase common stock

 

2,057,245

 

889,373

 

1,812,114

 

897,644

 

Common warrants

 

 

127,324

 

434,392

 

138,889

 

Unvested restricted stock

 

128,618

 

45,373

 

101,454

 

40,125

 

Diluted number of weighted-average shares outstanding

 

35,871,975

 

33,358,706

 

35,260,044

 

33,179,044

 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.04

 

$

0.02

 

$

0.09

 

$

0.02

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

$

0.04

 

$

0.02

 

$

0.08

 

$

0.02

 

Schedule of anti-dilutive securities excluded from computation of diluted net income per share

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Options to purchase common stock

 

 

1,224,748

 

 

1,224,748

 

Unvested restricted stock

 

377,926

 

559,551

 

434,609

 

559,551