XML 29 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Common Share Data
 9 Months Ended
Sep. 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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
(14.8
)
 
$
(116.5
)
 
$
(48.4
)
 
$
(195.7
)
Numerator for basic earnings per share -
 
 
 
 
 
 
 
income (loss) available to common stockholders
(14.8
)
 
(116.5
)
 
(48.4
)
 
(195.7
)
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
$
(14.8
)
 
$
(116.5
)
 
$
(48.4
)
 
$
(195.7
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per share -
 
 
 
 
 
 
 
weighted-average shares (a)
255,921,356

 
255,137,235

 
255,713,842

 
254,961,965

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)
255,921,356
 
255,137,235
 
255,713,842

 
254,961,965

Earnings per share: Basic
$
(.06
)
 
$
(.46
)
 
$
(.19
)
 
$
(.77
)
Diluted
$
(.06
)
 
$
(.46
)
 
$
(.19
)
 
$
(.77
)
 
 
 
 
 
 
 
 
Anti-dilutive common stock equivalents
 
 
 
 
 
 
 
excluded from earning per share computations:
 
 
 
 
 
 
 
Stock based compensation awards
15,232,002

 
16,019,921

 
15,269,348

 
16,049,634

Convertible senior notes
35,414,445

 
62,893,212

 
35,404,783

 
54,291,380

Total
50,646,447

 
78,913,133

 
50,674,131

 
70,341,014

__________

(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.