Travelzoo 2015 Annual Report Download - page 105
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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,
2015 2014 2013
Basic net income (loss) per share:
Net income (loss) $ 10,864 $ 13,062 $ (6,582)
Weighted average common shares 14,722 14,768 15,269
Basic net income (loss) per share $ 0.74 $ 0.88 $ (0.43)
Diluted net income (loss) per share:
Net income (loss) $ 10,864 $ 13,062 $ (6,582)
Weighted average common shares 14,722 14,768 15,269
Effect of dilutive securities: stock options — 41 —
Diluted weighted average common shares 14,722 14,809 15,269
Diluted net income (loss) per share $ 0.74 $ 0.88 $ (0.43)
For the years ended December 31, 2015, 2014 and 2013, options to purchase 775,000, 125,000 and 475,000 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.