Earnings/Loss Per Share

9 Months Ended

Oct. 31, 2014

Earnings Per Share [Abstract]

Earnings/Loss Per Share

Earnings/Loss Per Share

Basic earnings/loss per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the fiscal period. Diluted earnings/loss per share is computed by giving effect to all potential weighted average dilutive common stock, including options, restricted stock units, warrants and the convertible senior notes. The dilutive effect of outstanding awards and convertible securities is reflected in diluted earnings per share by application of the treasury stock method. Diluted loss per share for the three and nine months ended October 31, 2014 and 2013 are the same as basic loss per share as there is a net loss in these periods and inclusion of potentially issuable shares is anti-dilutive.

A reconciliation of the denominator used in the calculation of basic and diluted loss per share is as follows (in thousands):

	Three Months Ended October 31,						Nine Months Ended October 31,
	2014			2013			2014			2013
Numerator:
Net loss	$	(38,924	)	$	(124,434	)	$	(196,923	)	$	(115,552	)
Denominator:
Weighted-average shares outstanding for basic loss per share	629,548			600,467			619,748			594,346
Effect of dilutive securities:
Convertible senior notes	0			0			0			0
Employee stock awards	0			0			0			0
Warrants	0			0			0			0
Adjusted weighted-average shares outstanding and assumed conversions for diluted loss per share	629,548			600,467			619,748			594,346

The weighted-average number of shares outstanding used in the computation of basic and diluted earnings/loss per share does not include the effect of the following potential outstanding common stock. The effects of these potentially outstanding shares were not included in the calculation of diluted earnings/loss per share because the effect would have been anti-dilutive (in thousands):

	Three Months Ended October 31,		Nine Months Ended October 31,
	2014	2013	2014	2013
Stock awards	19,922	14,613	20,115	18,629
Convertible senior notes	25,820	44,246	28,834	44,246
Warrants	44,253	44,253	44,253	44,253