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Common Share Data
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Common Share Data
Common Share Data:

Earnings Per Share - Consolidated basic earnings per share excludes the dilutive effect of common stock equivalents and is computed by dividing income (loss) available to common stockholders by the weighted-average number of common shares actually outstanding for the year. Diluted earnings per share are similarly calculated with the inclusion of dilutive common stock equivalents. The following table provides a reconciliation of net income (loss) and the number of shares used in basic and diluted earnings per share calculations.
 
Quarters Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
(34.0
)
 
$
(66.3
)
 
$
(33.5
)
 
$
(79.2
)
Numerator for basic earnings per share -
 
 
 
 
 
 
 
income (loss) available to common stockholders
(34.0
)
 
(66.3
)
 
(33.5
)
 
(79.2
)
Adjustment for interest expense incurred on
 
 
 
 
 
 
 
assumed conversions of convertible senior notes

 

 

 

Numerator for diluted earnings per share -
 
 
 
 
 
 
 
income (loss) available to common stockholders
 
 
 
 
 
 
 
after assumed conversions
$
(34.0
)
 
$
(66.3
)
 
$
(33.5
)
 
$
(79.2
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per share -
 
 
 
 
 
 
 
weighted-average shares (a)
255,747,273

 
254,972,652

 
255,609,699

 
254,873,612

Effect of dilutive securities - stock based
 
 
 
 
 
 
 
   compensation awards

 

 

 

Effect of dilutive securities - convertible senior notes

 

 

 

Denominator for diluted earnings per share -
 
 
 
 
 
 
 
adjusted weighted-average shares
 
 
 
 
 
 
 
and assumed conversions (a)
255,747,273
 
254,972,652
 
255,609,699

 
254,873,612

Earnings per share: Basic
$
(.13
)
 
$
(.26
)
 
$
(.13
)
 
$
(.31
)
Diluted
$
(.13
)
 
$
(.26
)
 
$
(.13
)
 
$
(.31
)
 
 
 
 
 
 
 
 
Anti-dilutive common stock equivalents
 
 
 
 
 
 
 
excluded from earning per share computations:
 
 
 
 
 
 
 
Stock based compensation awards
15,074,960

 
16,361,394

 
15,101,326

 
16,384,795

Convertible senior notes
35,404,435

 
62,881,492

 
35,399,953

 
49,920,053

Total
50,479,395

 
79,242,886

 
50,501,279

 
66,304,848

__________

(a) In calculating earnings per share, pertinent accounting rules require that common shares owned by the Company's Employee Savings and Stock Ownership Plan that are as yet unallocated to participants in the plan be excluded from the calculation. Such shares are issued and outstanding and have the same voting and other rights applicable to all other common shares.