SHAREHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2011

SHAREHOLDERS' EQUITY

Schedule of maximum number of common shares that would be outstanding if All instruments outstanding were exercised

• The following table presents the maximum number of common shares that would be outstanding if all instruments outstanding at September 30, 2011 were exercised:

Common shares outstanding at September 30, 2011	169,377,973
Employees' stock options	8,960,551
Warrants	8,600,000
Restricted share unit plan	50,391
	186,988,915

Schedule of changes in common stock outstanding

• The following table illustrates the changes in common shares outstanding for the nine months ended September 30, 2011:

	# of Shares			$ Amount
Common shares outstanding, beginning of period		168,720,355			3,078,217
Shares issued under Employee Stock Option Plan		306,688			16,972
Shares issued under Incentive Share Purchase Plan		223,191			14,238
Shares issued under Dividend Reinvestment Plan		134,990			8,494
Restricted share unit plan		(7,251	)		(854	)
Common shares outstanding, end of period		169,377,973			3,117,067

Schedule of reconciliation for weighted average number of common shares in calculation of basic and diluted income per share

		Three months ended September 30,					Nine months ended September 30,
		2011			2010		2011		2010
Net income (loss)		$	(81,614	)	$	121,461	$	32,475	$	244,153
Weighted average number of common shares outstanding — basic (in thousands)			169,238			167,461		169,055		160,353
	Add: Dilutive impact of employee stock options		—			1,131		1,094		1,131
	Dilutive impact of warrants		—			2,040		2,447		1,811
	Dilutive impact of treasury shares related to restricted share unit plan		—			47		50		47
Weighted average number of common shares outstanding — diluted (in thousands)			169,238			170,679		172,646		163,342
Net income (loss) per share — basic		$	(0.48	)	$	0.73	$	0.19	$	1.52
Net income (loss) per share — diluted		$	(0.48	)	$	0.71	$	0.19	$	1.49