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Net (loss) Income Per Common Share
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Net (loss) Income Per Common Share

Note 13: Net (loss) Income Per Common Share

Basic and diluted net (loss) income per share attributable to common shareholders is computed by dividing net (loss) income, excluding net (loss) income allocated to participating securities, by the weighted average number of shares outstanding less the weighted average of unvested restricted shares outstanding.

There were no dilutive effects from any equity instruments for any of the periods presented, therefore diluted net (loss) income per share was the same as basic net (loss) income for all periods presented. There were no participating shares for any period prior to the issuance of restricted shares on October 18, 2012 as described in Note 10: Capital Stock.

The following table sets forth the computation of basic and diluted net (loss) income per share:

 

     (in thousands, except for per share data)                    
     Successor     Successor     Successor     Successor           Predecessor  
     Three months
ended June 30,
2013		     Three months
ended June 30,
2012		     Six months
ended June 30,
2013		     Period from
March 20, 2012
to June 30,
2012		           Period from
January 1, 2012 to
March 19, 2012		  

Numerator for basic and diluted net (loss) income per share:

                

Net (loss) income

    $ (2,484 )    $ (8,173 )    $ (6,300 )    $ (7,701 )         $ (3,433 ) 

Less: Net (loss) income allocated to participating securities

      (10 )      —          (29 )      —               —     
  

 

 

    

 

 

    

 

 

    

 

 

         

 

 

  

Net (loss) income attributable to common shareholders

    $ (2,474 )    $ (8,173 )    $ (6,271 )    $ (7,701 )         $ (3,433 ) 
  

 

 

    

 

 

    

 

 

    

 

 

         

 

 

  

Denominator for basic and diluted net (loss) income per share:

                

Weighted average share outstanding

      201,156,078        200,000,000        201,156,078        200,000,000             1,000   

Weighted average unvested restricted shares outstanding

      (770,714 )      —          (934,653 )      —               —     
  

 

 

    

 

 

    

 

 

    

 

 

         

 

 

  

Denominator for basic and diluted net (loss) income per share:

      200,385,364        200,000,000        200,221,425        200,000,000             1,000   
  

 

 

    

 

 

    

 

 

    

 

 

         

 

 

  

Basic and diluted net (loss) income per share attributable to common shareholders

    $ (0.01 )    $ (0.04 )    $ (0.03 )    $ (0.04 )         $ (3,433.00 )