Computation of Net Loss per Share

3 Months Ended

Mar. 31, 2013

Computation of Net Loss per Share

Computation of Net Loss per Share

Note 4.  Computation of Net 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 the number of additional common shares that would have been outstanding if the potentially dilutive common shares had been issued, calculated using the treasury stock method.

The Company incurred net losses for the three-month periods ended March 31, 2013 and 2012, and has excluded 2,103,634 and 2,497,101 incremental shares attributable to outstanding stock options, restricted stock and restricted stock units from the calculation of net loss per share because the effect would have been anti-dilutive.

The components of net loss per share are as follows:

	Three months ended March 31,
	2013			2012
	(in thousands, except per share data)
Net loss available to common stockholders	$	(8,988	)	$	(10,028	)
Weighted average common shares outstanding used in computing basic and diluted net loss per share	108,227			107,067
Net loss per share
Basic and Diluted	$	(0.08	)	$	(0.09	)