Income (Loss) Per Common Share - Note 3

6 Months Ended

Jun. 30, 2012

Income (Loss) Per Common Share Disclosure

Income (Loss) Per Common Share

(3) Income (Loss) Per Common Share

The following table sets forth the components of basic and diluted income per common share for the three months ended June 30, 2012 due to a net income in the three month period (in thousands, except per share data):

		Three
		Months Ended
		June 30, 2012
EPS Numerator - Basic:
Net income	$	7,355
EPS Denominator - Basic:
Weighted-average number of shares of common
stock outstanding		86,903
EPS Numerator - Diluted:
Net income		7,355
Adjustment for interest and financing costs:
Convertible notes		244
Net income	$	7,599
EPS Denominator - Diluted:
Weighted-average number of shares of common
stock outstanding		86,903
Effect of dilutive securities:
Stock options and awards		1,526
Convertible debt		3,041
Dilutive potential common shares		4,567
Weighted-average common shares and dilutive
potential common shares		91,470
Basic net income per common share	$	0.08
Diluted net income per common share	$	0.08

Basic net income (loss) per common share is the amount of income (loss) for the period divided by the weighted average shares of common stock outstanding during the reporting period. Diluted income (loss) per common share is the amount of income (loss) for the period plus interest expense on convertible debt divided by the sum of weighted average shares of common stock outstanding during the reporting period and weighted average shares that would have been outstanding assuming the issuance of common shares for all dilutive potential common shares.

Potential common shares of approximately 3.4 million and 7.6 million during the three and six months ended June 30, 2012, respectively and 7.7 million and 10.0 million during the three and six months ended June 30, 2011, respectively that could potentially dilute basic income per share in the future were not included in the computation of diluted income (loss) per share because to do so would have been anti-dilutive for the periods presented. Potential dilutive common shares related to convertible debt were approximately 0 and 3.0 million common shares for the three and six months ended June 30, 2012, respectively and 3.9 million and 6.4 million common shares for the three and six months ended June 30, 2011, respectively. Additionally, potential dilutive common shares related to stock options, restricted stock and restricted stock units were 3.4 million and 4.6 million common shares, for the three and six months ended June 30, 2012, respectively, and 3.8 million and 3.6 million common shares, for the three and six months ended June 30, 2011, respectively.