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Net Loss Per Share
12 Months Ended
Dec. 31, 2012
Net Loss Per Share [Abstract]  
Net Loss Per Share

13.  Net Loss Per Share

The following is a reconciliation of the numerators and denominators used in computing basic and diluted net loss per share:

 

                         
    Years Ended December 31,  
    2012     2011     2010  
    (In thousands, except per share amounts)  

Numerator:

                       

Loss from continuing operations

  $ (5,717   $ (1,665   $ (6,057

Gain (loss) from discontinued operations , net of tax

    153       61       130  
   

 

 

   

 

 

   

 

 

 

Net Loss used in computing basic and diluted net loss per share

  $           (5,564   $           (1,604   $           (5,927
   

 

 

   

 

 

   

 

 

 
       

Denominator:

                       

Shares used in computation of basic and diluted net loss per share (weighted average common shares outstanding)

    27,735       28,564       28,113  
       

Basic and diluted net loss per share:

                       

Continuing operations

  $ (0.21   $ (0.06   $ (0.22

Discontinued operations

    0.01       0.00       0.01  
   

 

 

   

 

 

   

 

 

 

Net loss

  $ (0.20   $ (0.06   $ (0.21
   

 

 

   

 

 

   

 

 

 

As of December 31, 2012, 2011, and 2010 the Company had securities outstanding that could potentially dilute basic earnings per share in the future, but were excluded from the computation of diluted net loss per share in the periods presented since their effect would have been anti-dilutive. These outstanding securities consisted of the following:

 

                         
   

Year Ended December 31,

 
   

2012

   

2011

   

2010

 
       

Outstanding stock options

    3,155,631       3,267,838       4,000,526  

Unvested restricted stock awards

    44,000       18,000       18,000  

Unvested restricted stock units

    708,651       407,765       417,923