(10) Earnings Per Share

3 Months Ended

Mar. 31, 2013

Notes

(10) Earnings Per Share

(10) Earnings Per Share

Basic earnings per share (“EPS”) are computed by dividing net loss by the sum of the weighted average number of common shares outstanding, including the non-vested restricted stock, and the weighted average number of shares issuable under the Warrants, representing 9,592,125 shares (see Note 5 and 6). U.S. GAAP requires the inclusion of these Warrants in the calculation of basic EPS because they are issuable for minimal consideration. The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

	Successor	Predecessor
	Three Months Ended March 31, 2013	Three Months Ended March 31, 2012
Net loss attributable to common stockholders................	$             (4,816 )	$                  (13,463 )
Basic weighted-average common stock outstanding.....	160,203	28,818
Add: dilutive effects of common stock equivalents......	—	—
Diluted weighted-average common stock outstanding..	160,203	28,818
Basic loss per common share:............................................	$               (0.03 )	$                       (0.46 )
Diluted loss per common share:.........................................	$               (0.03 )	$                       (0.46 )

Potentially dilutive securities excluded from the calculation of diluted shares outstanding include the following (in thousands):

	Successor	Predecessor
	Three Months Ended March 31, 2013	Three Months Ended March 31, 2012
Stock issuable upon conversion of convertible notes......	—	379
Stock options...........................................................................	—	150
Non-vested restricted stock...................................................	—	558
Total potentially dilutive securities......................................	—	1,087