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PER SHARE RESULTS
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
 
Basic and diluted net income (loss) per share are computed by dividing net income available (or net loss attributable) to common stockholders by the weighted average number of common shares outstanding during each period. Diluted net income per share reflects the potential dilution that could occur if common stock options and warrants were exercised, resulting in the issuance of common stock that then shared in the net income (loss) of the Company.

Basic and diluted net income (loss) per share have been computed based upon net income available to common stockholders as presented in the accompanying consolidated statements of operations divided by the weighted average number of common shares outstanding or assumed to be outstanding as summarized below.
 
 
Successor
Company
 
 
Predecessor
Company
 
 
Three Months Ended
March 31, 2013
 
Period from February 1 to March 31, 2012
 
 
Period from January 1 to January 31, 2012
 
 
 
 
 
 
 
 
Weighted average number of common shares
 
35,758,033

 
35,718,091

 
 
35,511,770

Effect of dilutive stock options and warrant
 

 

 
 
22,280

Weighted average number of common shares and dilutive potential common shares
 
35,758,033

 
35,718,091

 
 
35,534,050

 
 
 
 
 
 
 
 
Anti-dilutive stock options
 
181,861

 
242,377

 
 
240,384

Anti-dilutive warrant
 
833,705

 
833,705

 
 
833,705