Net Income (Loss) Per Share

9 Months Ended

Sep. 30, 2012

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.

The Company incurred net losses for the three and nine months ended September 30, 2012 and has excluded 1,010,304 and 1,508,168 incremental shares attributable to outstanding stock options, restricted stock and restricted stock units for the three and nine months ended September 30, 2012, respectively, from the calculation of diluted net loss per share for those periods because the effect would be anti-dilutive.

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

	Three months ended September 30,					Nine months ended September 30,
	2012			2011		2012			2011
	(in thousands, except per share data)					(in thousands, except per share data)
Income (loss)	$	(8,718	)	$	1,151	$	(19,216	)	$	7,190
Weighted average common shares outstanding used in computing basic net income (loss) per share	107,855			106,417		107,521			106,152
Incremental shares	—			1,775		—			3,300
Weighted average common shares outstanding used in computing diluted net income (loss) per share	107,855			108,192		107,521			109,452
Net income (loss) per share:
Basic	$	(0.08	)	$	0.01	$	(0.18	)	$	0.07
Diluted	$	(0.08	)	$	0.01	$	(0.18	)	$	0.07