Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY (Tables)

v3.19.3
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands, Unaudited)

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

    

2019

    

2018

    

2019

    

2018

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

Net income (loss) - basic

 

$

938

 

$

1,565

 

$

(1,689)

 

$

(3,382)

Adjustment for assumed conversion of warrants

 

 

 —

 

 

(463)

 

 

 —

 

 

(886)

Net income (loss) - diluted

 

$

938

 

$

1,102

 

$

(1,689)

 

$

(4,268)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

Weighted-average common share equivalents - basic

 

 

26,980

 

 

26,932

 

 

26,963

 

 

25,702

Potential dilution from share-based awards

 

 

521

 

 

1,101

 

 

 —

 

 

 —

Potential dilution from assumed conversion of warrants

 

 

 —

 

 

457

 

 

 —

 

 

486

Weighted-average common and common share equivalents - diluted

 

 

27,501

 

 

28,490

 

 

26,963

 

 

26,188

Anti-dilutive share-based awards and warrants excluded from the calculation of diluted loss per share

 

 

1,901

 

 

152

 

 

3,959

 

 

2,576