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SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2012
SHAREHOLDERS' EQUITY  
Schedule of maximum number of common shares that would be outstanding if all instruments outstanding were exercised
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Common shares outstanding at September 30, 2012

    171,578,933  
 

Employees' stock options

    10,867,426  
 

Warrants

    8,600,000  
 

Restricted share unit plan

    233,860  
         
 

 

    191,280,219  
         
Schedule of reconciliation for weighted average number of common shares in calculation of basic and diluted income per share
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  Three months ended September 30,   Nine months ended September 30,  
   
  2012   2011   2012   2011  
 

Net income (loss) for the period

  $ 106,326   $ (81,614 ) $ 228,146   $ 32,475  
                     
 

Weighted average number of common shares outstanding — basic (in thousands)

    171,341     169,238     171,055     169,055  
 

Add: Dilutive impact of employee stock options

                1,094  
 

          Dilutive impact of warrants

                2,447  
 

          Dilutive impact of shares related to RSU plan

    255         242     50  
                     
 

Weighted average number of common shares outstanding — diluted (in thousands)

    171,596     169,238     171,297     172,646  
                     
 

Net income (loss) per share — basic

  $ 0.62   $ (0.48 ) $ 1.33   $ 0.19  
                     
 

Net income (loss) per share — diluted

  $ 0.62   $ (0.48 ) $ 1.33   $ 0.19