Travelzoo 2014 Annual Report Download - page 97
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62
The following table sets forth the calculation of basic and diluted net income (loss) per share (in thousands, except per
share amounts):
Year Ended December 31,
2014 2013 2012
Basic net income (loss) per share:
Net income (loss) $ 16,352 $ (5,011) $ 18,198
Weighted average common shares 14,768 15,269 15,866
Basic net income (loss) per share $ 1.11 $ (0.33) $ 1.15
Diluted net income (loss) per share:
Net income (loss) $ 16,352 $ (5,011) $ 18,198
Weighted average common shares 14,768 15,269 15,866
Effect of dilutive securities: stock options 41 — 35
Diluted weighted average common shares 14,809 15,269 15,901
Diluted net income (loss) per share $ 1.10 $ (0.33) $ 1.14
For the years ended December 31, 2014, 2013 and 2012, options to purchase 125,000, 475,000 and 100,000 shares of
common stock, respectively, were not included in the computation of diluted net loss per share because the effect would have
been anti-dilutive.