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Earnings Per Common Share
 6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE
The following table provides reconciliation between basic and diluted earnings per common share:
 
For the three months ended June 30,
 
For the six months ended June 30,
 
2012
 
2011
 
2012
 
2011
Net income/(loss) attributable to Golden Star shareholders
$
2,483

 
$
(5,048
)
 
$
11,597


$
880

 
 
 
 
 
 



Weighted average number of shares (millions)
258.8

 
258.6

 
258.8


258.6

Dilutive securities:
 
 
 
 
 


Options (millions)
0.1

 
—

 
—


0.6

Convertible debentures
—

 
—

 
—


—

Weighted average number of diluted shares (millions)
258.9

 
258.6

 
258.8

 
259.2

 
 
 
 
 
 
 
 
Net income/(loss) per share attributable to Golden Star shareholders:
 
 
 
 
 
 
 
Basic
$
0.010

 
$
(0.020
)
 
$
0.045

 
$
0.003

Diluted
$
0.010

 
$
(0.020
)
 
$
0.045

 
$
0.003


Options to purchase 12.4 million and 7.8 million shares of common stock were outstanding at June 30, 2012, and 2011, respectively, but were not included in the computation of diluted weighted average common shares because their effect would not be dilutive. In addition, we had 57.0 million shares related to the Debentures that were not dilutive for either period.