Earnings/Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2013

Reconciliation of Weighted Average Shares Used in Computation of Earnings Per Share

The following table is a reconciliation of the weighted average shares used in the computation of loss per share for the periods presented (in thousands, except per share data):

	Three Months Ended September 30,
	2012						2013
	Income		Weighted Average Shares		Per-Share		Income		Weighted Average Shares		Per- Share
Earnings per share – basic
Net income available to common stockholders	$	30,443		22,110	$	1.38	$	36,597		21,920	$	1.67
Effect of dilutive securities:
Convertible senior notes		1,289		6,707				1,354		12,294
Options and warrants		-		5				—		—
Unvested restricted stock grants		-		111				—		69
Earnings per share – diluted
Net income available to common stockholders plus assumed  exercises and conversion	$	31,732		28,933	$	1.10	$	37,951		34,283	$	1.11

	Nine Months Ended September 30,
	2012						2013
	Income		Weighted Average Shares		Per-Share		Loss			Weighted Average Shares		Per- Share
Earnings (loss) per share – basic
Net income (loss) available to common stockholders	$	14,657		24,656	$	0.59	$	(37,838	)		21,922	$	(1.73	)
Effect of dilutive securities:
Convertible senior notes		3,867		6,520				—			—
Options and warrants		-		6				—			—
Unvested restricted stock grants		-		92				—			—
Earnings (loss) per share – diluted
Net income (loss) available to common stockholders plus assumed exercises and conversion	$	18,524		31,274	$	0.59	$	(37,838	)		21,922	$	(1.73	)