Net Income (Loss) Per Share
|6 Months Ended|
Jun. 30, 2017
|Earnings Per Share [Abstract]|
|Net Loss Per Share||
Net Income Per Share
Net income per share is computed as required by the accounting standard for earnings per share, or EPS. Basic EPS is calculated by dividing net income by the weighted-average number of common shares outstanding for the period, without consideration for common stock equivalents. Diluted EPS is computed by dividing net income by the weighted-average number of common shares outstanding for the period and the weighted-average number of dilutive common stock equivalents outstanding for the period determined using the treasury-stock method. For purposes of this calculation, common stock options, restricted stock units and restricted stock awards are considered to be common stock equivalents and are only included in the calculation of diluted EPS when their effect is dilutive.
The Company excluded 1.3 million and 0.9 million common stock equivalents for outstanding stock-based awards for the three and six months ended June 30, 2017 and 1.2 million and 0.7 million for the three and six months ended June 30, 2016, respectively, from the calculation of diluted net income per share due to their anti-dilutive nature.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef