EARNINGS (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE

A reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share calculations were as follows:

	Year Ended
	December 31,
	2013			2012			2011
Earnings (loss) per share ("EPS"):
Basic
Net income (loss) - basic EPS	$	(0.94	)	$	(0.17	)	$	0.35
Diluted
Net income (loss) - diluted EPS	$	(0.94	)	$	(0.17	)	$	0.34
EPS numerator - basic and diluted:
Net income (loss)	$	(30,395	)	$	(5,335	)	$	10,909
EPS denominator (in thousands):
Weighted average common stock outstanding - basic	32,493			32,060			31,566
Common stock equivalents: stock options and other stock-based awards (a)	—			—			423
Weighted average number of common stock outstanding - diluted	32,493			32,060			31,989

(a) For the periods in which net losses are presented, the diluted weighted average number of shares of common stock outstanding did not differ from the basic weighted average number of shares of common stock outstanding because the effects of any potential common stock equivalents (see Note 4 for further details on outstanding stock options, unvested restricted stock units and unvested restricted stock) were anti-dilutive and therefore not included in the calculation of the denominator of dilutive earnings per share.

The weighted average number of shares outstanding used in the computation of diluted net income (loss) per share for the years ended December 31, 2013, 2012 and 2011 did not include the effect of the following potentially outstanding shares of common stock because the effect would have been anti-dilutive:

	Year Ended
	December 31,
	2013	2012	2011
Unvested restricted stock	997,802	1,028,916	104,175
Unvested restricted stock units	115,869	100,000	—
Stock options	800,350	1,238,650	1,396,350
Total	1,914,021	2,367,566	1,500,525