XML 18 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share
Basic earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period. Diluted earnings (loss) per share for the three months ended June 30, 2013 and 2012 excludes the impact of approximately 0.0 million and 13.5 million common stock equivalents, respectively, since the effect of including these securities would be anti-dilutive. Diluted earnings (loss) per share for the six months ended June 30, 2013 and 2012 excludes the impact of approximately 0.6 million and 14.0 million common stock equivalents, respectively, since the effect of including these securities would be anti-dilutive. The following table sets forth the computation of basic and diluted earnings (loss) per share (shares in thousands):
 
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Net income (loss) available to common stockholders
$
83

 
$
(52
)
 
104

 
(39
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings (loss) per share—weighted-average common shares
93,895

 
83,231

 
93,604

 
73,181

Effect of dilutive securities:
 
 
 
 
 
 
 
Employee stock options and warrants
498

 

 
557

 

Convertible subordinated notes—4 percent
11,946

 

 
11,908

 

Restricted stock units
376

 

 
488

 

Denominator for diluted earnings (loss) per share—adjusted weighted-average common shares
106,715

 
83,231

 
106,557

 
73,181

Basic earnings (loss) per share
$
0.89

 
$
(0.63
)
 
$
1.12

 
$
(0.53
)
Diluted earnings (loss) per share
$
0.78

 
$
(0.63
)
 
$
0.98

 
$
(0.53
)