Quarterly report pursuant to Section 13 or 15(d)

Net Income per Share (Tables)

v3.20.2
Net Income per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income per Share

The following table summarizes the computation of basic and diluted net income per share (in thousands, except share and per share data):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

866

 

 

$

387

 

 

$

879

 

 

$

25

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding, basic

 

 

11,390,580

 

 

 

11,365,472

 

 

 

11,364,035

 

 

 

11,186,371

 

     Dilutive effect of common stock equivalents

 

 

337,074

 

 

 

608,004

 

 

 

353,902

 

 

 

670,975

 

Weighted-average shares outstanding, diluted

 

 

11,727,654

 

 

 

11,973,476

 

 

 

11,717,937

 

 

 

11,857,346

 

Net income per share, basic

 

$

0.08

 

 

$

0.03

 

 

$

0.08

 

 

$

0.00

 

Net income per share, diluted

 

$

0.07

 

 

$

0.03

 

 

$

0.08

 

 

$

0.00