Net Income (Loss) Per Share

9 Months Ended

Sep. 30, 2013

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Note 14—Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net (loss) income per share (in thousands, except per-share data):

	Three Months Ended September 30					Nine Months Ended September 30
	2013			2012		2013		2012
Numerator:
Net income (loss):
Continuing operations	$	9,833		$	7,687	$	17,735	$	22,201
Discontinued operation	(20		)	11		68		233
Total operations	$	9,813		$	7,698	$	17,803	$	22,434
Denominator:
Denominator for basic net income (loss) per share- weighted average shares outstanding	51,576			50,401		51,241		50,722
Dilutive common equivalent shares:
Employee stock options and other	2,361			1,847		2,088		2,042
Denominator for diluted net income (loss) per share - weighted average shares outstanding, assuming exercise of potential dilutive common equivalent shares	53,937			52,248		53,329		52,764
Net income (loss) per share (1):
Basic:
Continuing operations	$	0.19		$	0.15	$	0.35	$	0.44
Discontinued operation	(0.00		)	0.00		0.00		0.00
Total operations	$	0.19		$	0.15	$	0.35	$	0.44
Diluted:
Continuing operations	$	0.18		$	0.15	$	0.33	$	0.42
Discontinued operation	(0.00		)	0.00		0.00		0.00
Total operations	$	0.18		$	0.15	$	0.33	$	0.43

(1) Net income (loss) per share is based on actual calculated values and totals may not sum due to rounding.

Weighted average stock options, SARs and RSUs of approximately 1.3 million and 2.4 million for the three and nine months ended September 30, 2013, respectively, were excluded from the calculation of diluted net income (loss) per share because their inclusion would have been anti-dilutive. Similarly, 3.9 million and 2.5 million were excluded in the comparable periods of 2012, respectively.