Net Loss Per Share

9 Months Ended

Sep. 30, 2012

Net Loss Per Share [Abstract]

NET LOSS PER SHARE

12. NET LOSS PER SHARE

Basic and diluted net loss per share is computed using the weighted average number of common shares outstanding for the period, excluding unvested restricted stock and RSUs. The following is a reconciliation of the numerators and denominators used in computing basic and diluted net loss per share:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
	(in thousands except per share amounts)
Numerator:
Loss from continuing operations	$	(2,990	)	$	(1,412	)	$	(5,517	)	$	(1,395	)
Gain from discontinued operations, net of tax		0			0			153			61
Net loss used in computing basic and diluted net loss per share	$	(2,990	)	$	(1,412	)	$	(5,364	)	$	(1,334	)
Denominator:
Shares used in computation of basic and diluted net loss per share (weighted average common shares outstanding)		27,658			28,918			27,885			28,595
Basic and diluted net loss per share from:
Continuing operations	$	(0.11	)	$	(0.05	)	$	(0.20	)	$	(0.05	)
Discontinued operations		0.00			0.00			0.01			0.00
Total	$	(0.11	)	$	(0.05	)	$	(0.19	)	$	(0.05	)

As of September 30, 2012 and September 30, 2011, the Company had securities outstanding that could potentially dilute basic earnings per share in the future, but these were excluded from the computation of diluted net loss per share for the three and nine months ended September 30, 2012 and 2011, since their effect would have been anti-dilutive. These outstanding securities consisted of the following:

	September 30, 2012		September 30, 2011
	(in thousands)
Outstanding stock options		3,099		3,585
Unvested restricted stock awards		44		18
Unvested RSUs		677		449