Three Months Ended

March 31,

2012

2011

(In thousands, except per share amounts)

Income (loss):

Net loss

$

(2,909

)

$

(1,167

)

Less: Distributions on participating securities

—

Less: Undistributed income allocated to participating securities

—

Basic

$

(2,909

)

$

(1,167

)

Diluted

$

(2,909

)

$

(1,167

)

Shares:

Basic

Weighted-average common shares outstanding

25,997

25,679

Dilutive effect of stock options and restricted stock awards

—

Diluted

25,997

25,679

Loss per common share:

Basic

$

(0.11

)

$

(0.05

)

Diluted

$

(0.11

)

$

(0.05

)