Net Income (Loss) Per Share

6 Months Ended

Jun. 30, 2011

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Note 3. Net Income (Loss) Per Share

Basic earnings per share is computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) for the period. The computation of diluted earnings per share is similar to basic earnings per share, except that the denominator is increased to include incremental common shares that would have been outstanding if the potentially dilutive common shares had been issued. Because the Company had net losses for the three and six months period ended June 30, 2010, any potentially diluted common shares related to outstanding stock options, restricted stock, restricted stock units and convertible debt have been excluded from the calculation of net loss per share for that period because the effect would be anti-dilutive.

The components of net income (loss) per share are as follows:

	Three months ended June 30,					Six months ended June 30,
	2011		2010			2011		2010
	(in thousands, except per share data)					(in thousands, except per share data)
Income (loss)	$	4,227	$	(4,529	)	$	6,039	$	(15,630	)
Weighted average common shares outstanding used in computing basic net income (loss) per share	106,097		104,170			106,017		104,143
Incremental shares	2,814		—			3,706		—
Weighted average common shares outstanding used in computing diluted net income (loss) per share	108,911		104,170			109,723		104,143
Net income (loss) per share:
Basic	$	0.04	$	(0.04	)	$	0.06	$	(0.15	)
Diluted	$	0.04	$	(0.04	)	$	0.06	$	(0.15	)