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Computation of Net Loss per Share
6 Months Ended
Jun. 30, 2013
Computation of Net Loss per Share  
Computation of Net Loss per Share

Note 4. Computation of Net Loss per Share

 

Basic earnings or loss per share is computed by dividing income available or loss attributable 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 components of net loss per share are as follows:

 

 

 

Three months ended
June 30,

 

Six months ended
June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(4,019

)

$

(471

)

$

(13,008

)

$

(10,499

)

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding used in computing basic and diluted net loss per share

 

108,409

 

107,639

 

108,319

 

107,353

 

 

 

 

 

 

 

 

 

 

 

Net loss per share

 

 

 

 

 

 

 

 

 

Basic and Diluted

 

$

(0.04

)

$

(0.00

)

$

(0.12

)

$

(0.10

)

 

The Company incurred net losses for the three and six-month periods ended June 30, 2013 and 2012, and has excluded the 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 following table sets forth the number of incremental shares excluded from the calculation above:

 

 

 

Three months ended
June 30,

 

Six months ended
June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(in thousands)

 

Incremental shares excluded from the calculation of net loss per share

 

2,183

 

1,390

 

2,159

 

1,809