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BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2012
Estimated useful Life of Assets

period that the plant is operated by the Company (see Note 8). The other assets are depreciated using the straight-line method over the following estimated useful lives of the assets:

 

Leasehold improvements

     15-20 years   

Machinery and equipment — manufacturing and drilling

     10 years   

Machinery and equipment — computers

     3-5 years   

Office equipment — furniture and fixtures

     5-15 years   

Office equipment — other

     5-10 years   

Automobiles

     5-7 years   
Reconciliation of Number of Shares Used in Computation of Basic and Diluted Earnings Per Share

The table below shows the reconciliation of the number of shares used in the computation of basic and diluted earnings per share:

 

     Year Ended December 31,  
     2012      2011      2010  
     (In thousands)  

Weighted average number of shares used in computation of basic earnings (loss) per share

     45,431        45,431        45,431  

Add:

        

Additional shares from the assumed exercise of employee stock awards

                   21  
  

 

 

    

 

 

    

 

 

 

Weighted average number of shares used in computation of diluted earnings (loss) per share

     45,431        45,431        45,452