Quarterly report pursuant to Section 13 or 15(d)

Net Income / (Loss) Per Share

Net Income / (Loss) Per Share
3 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Net Income / (Loss) Per Share Net Income / (Loss) Per Share
Basic net income / (loss) per share is calculated by dividing net income / (loss) by the weighted-average number of shares of common stock outstanding during the period, less shares subject to repurchase, and excludes any dilutive effects of employee stock-based awards in periods where the Company had net losses. Because the Company was in a net loss position for the three months ended June 30, 2019, all potentially dilutive shares of common stock were determined to be anti-dilutive and, accordingly, were not included in the calculation of diluted net loss per share.
The following table sets forth the computation of net income / (loss) from continuing operations, net of taxes, per share of common stock (in thousands, except per share amounts):
  Three months ended June 30,
2020 2019
Income / (loss) from continuing operations, net of taxes $ 9,940    $ (1,671)  
Weighted-average common shares outstanding, basic 87,386    81,814   
Basic net income / (loss) per common share $ 0.11    $ (0.02)  
Weighted-average common shares outstanding, diluted 93,108    81,814   
Diluted net income / (loss) per common share 0.11    (0.02)  
Common stock equivalents excluded from net loss per diluted share because their effect would have been anti-dilutive —    6,844