EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2013

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 4—EARNINGS PER SHARE

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

	Three Months Ended March 31,
	2013			2012
Basic and diluted net loss per share
Numerator:
Net loss from continuing operations	$	(4,210	)	$	(82,131	)
Net earnings from discontinued operations	—			—
Net loss	$	(4,210	)	$	(82,131	)
Denominator:
Weighted—average shares outstanding	41,556,736			41,155,562
Add:
Dilutive effect of stock options	—			—
Dilutive effect of restricted common stock	—			—
Weighted—average shares outstanding with dilution	41,556,736			41,155,562
Net loss per share:
Basic from continuing operations	$	(0.10	)	$	(2.00	)
Basic from discontinued operations	—			—
Basic	$	(0.10	)	$	(2.00	)
Diluted from continuing operations	$	(0.10	)	$	(2.00	)
Diluted from discontinued operations	—			—
Diluted	$	(0.10	)	$	(2.00	)

Due to the loss from continuing operations for the three months ended March 31, 2013 and 2012, diluted weighted—average common shares outstanding does not include 193 and 11,193 shares of unvested restricted common stock as these potential awards do not share in any net loss generated by the Company and are anti—dilutive.

Since the effect would be anti—dilutive, there were 193 and 91 shares of common stock issued under the Employee Stock Purchase Plan (“ESPP”) that were not included in the computation of diluted weighted—average shares outstanding for the three months ended March 31, 2013 and 2012, respectively.

Since the effect would be anti—dilutive, there were 3,929,910 and 3,400,121 stock options outstanding that were not included in the computation of diluted weighted—average shares outstanding for the three months ended March 31, 2013 and 2012, respectively.