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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings per Share  
Schedule of common stock equivalents excluded in the calculation of diluted loss per share

 

 

 

Three Months ended March 31,

 

 

 

2015

 

2014

 

 

 

(unaudited)

 

 

 

 

 

 

 

Shares underlying Convertible Senior Secured Notes

 

6,071,894 

 

7,556,001 

 

Warrants to purchase common stock

 

21,800 

 

21,273 

 

Stock options, stock appreciation rights, non-vested stock options, and ESPP awards

 

 

356,364 

 

 

Schedule of computation of basic and diluted net income per share

 

The following table sets forth the computation of basic and diluted net income per share for the three months ended March 31, 2015 and 2014, in thousands, except share and per share amounts:

 

 

 

Three Months ended March 31,

 

 

 

2015

 

2014

 

 

 

(unaudited)

Numerator, in thousands:

 

 

 

 

 

Net income (loss) used for calculation of basic and diluted EPS

 

$

917

 

$

(15,543

)

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Weighted average shares outstanding, basic

 

44,563,299

 

41,129,055

 

 

 

 

 

 

 

Stock options, stock appreciation rights, non-vested stock options, and ESPP awards

 

337,999

 

 

Total potential dilutive common shares

 

337,999

 

 

Weighted average shares outstanding, diluted

 

44,901,298

 

41,129,055

 

 

 

 

 

 

 

Net income (loss) per share, basic

 

$

0.02

 

$

(0.38

)

Net income (loss) per share, diluted

 

$

0.02

 

$

(0.38

)