| NET INCOME (LOSS) PER SHARE |
NET INCOME (LOSS) PER SHARE
The following is the computation of basic and diluted net income (loss) per share (in thousands, except per share data):
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Three Months Ended |
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Six Months Ended |
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September 30, 2014 |
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September 30, 2013 |
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September 30, 2014 |
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September 30, 2013 |
Net income (loss) |
$ |
1,248 |
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$ |
(7,893 |
) |
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$ |
(3,076 |
) |
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$ |
(4,612 |
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Divided by |
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Weighted average shares: |
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Basic |
254,760 |
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247,074 |
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252,724 |
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246,569 |
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Dilutive shares from stock plans |
2,819 |
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— |
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— |
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— |
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Diluted |
257,579 |
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247,074 |
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252,724 |
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246,569 |
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Basic and diluted net income (loss) per share |
$ |
0.00 |
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$ |
(0.03 |
) |
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$ |
(0.01 |
) |
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$ |
(0.02 |
) |
The computations of diluted net income (loss) per share for the periods presented exclude the following because the effect would have been anti-dilutive:
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For all periods presented, 42.5 million weighted average shares related to our 4.50% convertible subordinated notes were excluded. At September 30, 2014 and 2013, 30.9 million and 31.2 million, respectively, weighted average shares of 3.50% convertible subordinated notes were excluded.
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For the second quarter and first six months of fiscal 2015, options to purchase 2.3 million and 7.0 million weighted average shares, respectively, were excluded. For the second quarter and first six months of fiscal 2014, options to purchase 13.9 million and 14.9 million weighted average shares, respectively, were excluded.
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Unvested RSUs of 0.2 million and 12.0 million weighted average shares for the second quarter and first six months of fiscal 2015, respectively, were excluded. Unvested RSUs of 10.9 million and 10.4 million weighted average shares for the second quarter and first six months of fiscal 2014, respectively, were excluded.
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