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NET (LOSS) INCOME PER SHARE
6 Months Ended
Jun. 30, 2012
NET (LOSS) INCOME PER SHARE  
NET (LOSS) INCOME PER SHARE

18.                NET (LOSS) INCOME PER SHARE

 

Net loss per share was calculated as follows:

 

 

 

Successor Company

 

 

Predecessor
Company

 

 

 

Three months
ended June 30,

 

Two months ended
June 30,

 

 

One month ended
April 30,

 

 

 

2012

 

2011

 

 

2011

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(2,948

)

$

(14,248

)

 

$

397,519

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Basic and diluted weighted average common shares outstanding

 

12,826

 

12,721

 

 

85,185

 

Basic and diluted net (loss) income per common share:

 

$

(0.23

)

$

(1.12

)(1)

 

$

4.67

(2)

 

 

 

Successor Company

 

 

Predecessor
Company

 

 

 

Six months ended
June 30,

 

Two months ended
June 30,

 

 

Four months ended
April 30,

 

 

 

2012

 

2011

 

 

2011

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(2,947

)

$

(14,248

)

 

$

379,518

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Basic and diluted weighted average common shares outstanding

 

12,818

 

12,721

 

 

85,185

 

Basic and diluted net (loss) income per common share:

 

$

(0.23

)

$

(1.12

)(1)

 

$

4.46

(2)

 

 

(1)         There is no dilutive effect on basic weighted average common shares outstanding for the three and six months ended June 30, 2012 and the two months ended June 30, 2011, as the Predecessor Company was in a net loss position during these periods.

 

(2)         There was no dilutive effect on the basic weighted average common shares outstanding for the one and four months ended April 30, 2011 given that the impact of stock options was anti-dilutive.