Stockholders' Equity

6 Months Ended

Jun. 30, 2011

Stockholders' Equity [Abstract]

STOCKHOLDERS' EQUITY

NOTE 5 — STOCKHOLDERS’ EQUITY

Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss in the accompanying condensed consolidated balance sheets consists of the following (in thousands):

	June 30,			December 31,
	2011			2010
Currency translation adjustments	$	(5,473	)	$	(18,703	)
Pension-related adjustments		(1,153	)		(1,153	)
Accumulated other comprehensive loss	$	(6,626	)	$	(19,856	)

Earnings per Share

Earnings per share are calculated as follows (in thousands, except per share amounts):

	Three Months Ended					Six Months Ended
	June 30,		June 30,			June 30,		June 30,
	2011		2010			2011		2010
Net income (loss)	$	4,678	$	(15,923	)	$	3,550	$	(27,823	)
Average basic shares outstanding		168,836		168,735			168,831		168,745
Effect of dilutive securities		374		—			373		—
Average diluted shares outstanding		169,210		168,735			169,204		168,745
Net income (loss) per share:
Basic	$	0.03	$	(0.09	)	$	0.02	$	(0.16	)
Diluted	$	0.03	$	(0.09	)	$	0.02	$	(0.16	)

Stock options and restricted stock are disregarded in this calculation if they are determined to be antidilutive. For the three and six months ended June 30, 2011 and June 30, 2010, our anti-dilutive stock options totaled approximately 2.9 million and 4.1 million. For the three and six months ended June 30, 2010, our anti-dilutive restricted stock totaled approximately 0.2 million.