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(Loss) Earnings Per Common Share
9 Months Ended
Sep. 30, 2012
(Loss) Earnings Per Common Share [Abstract]  
(Loss) Earnings Per Common Share
(13) (Loss) Earnings Per Common Share

 
Three Months Ended
 
 
Nine Months Ended
 
 
September 30,
 
 
September 30,
 
 
2012
 
 
2011
 
 
2012
 
 
2011
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
 
$
(2,017
)
 
$
61,949
 
 
$
83,324
 
 
$
163,293
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per common share-weighted average shares
 
 
59,558
 
 
 
66,655
 
 
 
62,087
 
 
 
67,722
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     Employee stock-based compensation
 
 
 
 
 
1,916
 
 
 
1,537
 
 
 
2,125
 
Denominator for diluted earnings per common share-adjusted weighted average shares
 
 
59,558
 
 
 
68,571
 
 
 
63,624
 
 
 
69,847
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic (loss) earnings per common share
 
$
(0.03
)
 
$
0.93
 
 
$
1.34
 
 
$
2.41
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted (loss) earnings per common share
 
$
(0.03
)
 
$
0.90
 
 
$
1.31
 
 
$
2.34
 

The Company excluded 8 shares issuable upon exercise of outstanding stock options for the three months ended September 30, 2011, and 103 and 4 shares for the nine months ended September 30, 2012 and 2011, respectively, from the Diluted earnings per common share computation because their exercise price was greater than the average market price of Tempur-Pedic International's common stock or they were otherwise anti-dilutive. Holders of non-vested stock-based compensation awards do not have voting rights or rights to receive any dividends on the shares covered by the awards.