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Earnings Per Common Share
 3 Months Ended
Mar. 31, 2013
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 March 31,
 
2013
 
2012
Net loss attributable to Golden Star shareholders
$
(6,559
)

$
9,113

 
 



Weighted average number of shares (millions)
259.1


258.7

Dilutive securities:
 


Options
—


0.2

Deferred stock units
—

 
—

Convertible debentures
—


—

Weighted average number of diluted shares (millions)
259.1

 
258.9

 
 
 
 
Net loss per share attributable to Golden Star shareholders:
 
 
 
Basic
$
(0.03
)
 
$
0.04

Diluted
$
(0.03
)
 
$
0.04


Options to purchase 14.4 million and 12.5 million common shares were outstanding at March 31, 2013, and 2012, respectively, but were not included in the computation of diluted weighted average common shares because their effect would not be dilutive. DSUs representing the potential right to receive 0.5 million and zero common shares were outstanding at March 31, 2013 and 2012, respectively, but were not included in the computation of diluted weighted average common shares because their effect would not be dilutive. In addition, Golden Star had 47.0 million and 25.0 million common shares potentially outstanding at March 31, 2013 and 2012, respectively, related to the 5% Convertible Debentures and 4% Convertible Debentures, respectively, that were not dilutive.