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QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)
4 Months Ended
Dec. 31, 2012
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]  
Quarterly results of operations
The following table presents selected unaudited quarterly results of operations in conjunction with the consolidated financial statements.  These unaudited results were prepared on the same basis as the Company's audited consolidated financial statements.  The Company's quarterly operating results have fluctuated in the past and may continue to do so in the future as a result of a number of factors, including, but not limited to, the timing and amounts of its revenues and the timing and nature of research and development activities.
 
  
(In millions, except per share data, unaudited)
 
 
Quarterly Data for the Four Months Ended December 31, 2012:
 
November 30,
2012 (1)
          
Net loss
 
$
(13.4
)
 
  
  
 
Net loss per share, basic and diluted
 
$
(0.26
)
 
  
  
 
 
     
  
  
 
Quarterly Data 2012: 
November
30, 2011
  
February
29, 2012
  
May
31, 2012
  
August
31, 2012
 
Net loss
 
$
(11.4
)
 
$
(14.0
)
 
$
(3.0
)
 
$
(10.2
)
Net loss per share, basic and diluted
 
$
(0.25
)
 
$
(0.29
)
 
$
(0.06
)
 
$
(0.21
)
 
                
Quarterly Data 2011: 
November
30, 2010
  
February
28, 2011
  
May
31, 2011
  
August
31, 2011
 
Net loss
 
$
(10.1
)
 
$
(3.0
)
 
$
(20.3
)
 
$
(3.8
)
Net loss per share, basic and diluted
 
$
(0.33
)
 
$
(0.09
)
 
$
(0.62
)
 
$
(0.11
)
 
                
Quarterly Data 2010: 
November
30, 2009
  
February
28, 2010
  
May
31, 2010
  
August
31, 2010
 
Net loss
 
$
(2.9
)
 
$
(4.2
)
 
$
(7.4
)
 
$
(4.4
)
Net loss per share, basic and diluted
 
$
(0.16
)
 
$
(0.19
)
 
$
(0.33
)
 
$
(0.17
)
 
(1)The Company changed its fiscal year end to December; the four month transition period included one quarterly report on Form 10-Q for the three months ended November 30, 2012.