| 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):
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Three Months Ended September 30,
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Nine Months Ended September 30,
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2020
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2019
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2020
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2019
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Numerator:
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Net income
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$
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566
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$
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446
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$
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1,445
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$
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471
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Denominator:
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Weighted-average shares outstanding, basic
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11,423,079
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11,449,946
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11,383,860
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11,275,195
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Dilutive effect of common stock equivalents
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304,033
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608,004
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334,910
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670,975
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Weighted-average shares outstanding, diluted
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11,727,112
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11,917,382
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11,718,770
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11,865,319
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Net income per share, basic
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$
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0.05
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$
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0.04
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$
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0.13
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$
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0.04
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Net income per share, diluted
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$
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0.05
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$
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0.04
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$
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0.12
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$
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0.04
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