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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2012
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 4—EARNINGS PER SHARE

         The calculation of basic and diluted earnings per share for the periods presented is as follows:

 
   Year Ended
December 31,
2012		   Year Ended
December 31,
2011		   Year Ended
December 31,
2010		  

Basic and diluted net earnings per share

                    

Numerator:

                    

Net (loss) earnings from continuing operations

   $ (211,575 ) $ (39,428 ) $ 54,749  

Net earnings (loss) from discontinued operations

     4,228     38,124     (5,438 )
               

Net (loss) earnings

   $ (207,347 ) $ (1,304 ) $ 49,311  
               

Denominator:

                    

Weighted–average shares outstanding

     41,314,608     40,886,022     40,302,509  

Add:

                    

Dilutive effect of stock options

     —     —     1,069,873  

Dilutive effect of restricted common stock

     —     —     754,120  
               

Weighted–average shares outstanding with dilution          

     41,314,608     40,886,022     42,126,502  
               

Basic (loss) earnings per share

   $ (5.02 ) $ (0.03 ) $ 1.22  
               

Diluted (loss) earnings per share

   $ (5.02 ) $ (0.03 ) $ 1.17  
               

Net (loss) earnings per share:

                    

Basic from continuing operations

   $ (5.12 ) $ (0.96 ) $ 1.36  

Basic from discontinued operations

     0.10     0.93     (0.14 )
               

Basic

   $ (5.02 ) $ (0.03 ) $ 1.22  
               

Diluted from continuing operations

   $ (5.12 ) $ (0.96 ) $ 1.30  

Diluted from discontinued operations

     0.10     0.93     (0.13 )
               

Diluted

   $ (5.02 ) $ (0.03 ) $ 1.17  
               

         Due to the loss from continuing operations during the year ending December 31, 2012 and 2011, the weighted-average common shares outstanding does not include 0 and 543,088 of stock options and 0 and 397,641 of unvested restricted common stock as these potential awards do not share in any loss generated by the Company and are anti-dilutive.

         Because the effect would be anti-dilutive, there were 161 shares of common stock issuable upon the exercise of options issued under the Employee Stock Purchase Plan ("ESPP") that were not included in the computation of diluted weighted-average shares outstanding for the year ending December 31, 2012.

         Because the effect would be anti-dilutive, 2,744,910, 314,236 and 193,236 stock options outstanding were not included in the computation of diluted weighted-average shares outstanding for the years ended December 31, 2012, 2011 and 2010, respectively.