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Earnings Per Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
Basic and diluted earnings (loss) per common share ("EPS") are calculated as follows:
  
Quarter ended March 31,
(In thousands, except per share amounts)
2013
 
2012
Net income (loss)
$
2,377

 
$
(11,142
)
 
 
 
 
Weighted average common shares outstanding (used to calculate basic EPS)
46,372

 
45,840

Dilutive effect of stock options and other stock awards
620

 
—

Weighted average common shares outstanding (used to calculate diluted EPS)
46,992

 
45,840

 
 
 
 
Earnings (loss) per common share – basic
$
0.05

 
$
(0.24
)
Earnings (loss) per common share – diluted
$
0.05

 
$
(0.24
)

If the company had generated net income for the first quarter of 2012, 0.7 million shares would have been added to basic weighted average common shares outstanding to calculate diluted EPS.
The assumed conversions to common stock of stock options, other stock awards and 4.25% Convertible Senior Notes due 2016 ("Convertible Notes") are excluded from weighted average common shares outstanding used to calculate diluted EPS in periods when these items, on an individual basis, have an anti-dilutive effect on diluted EPS. For the quarters ended March 31, 2013 and 2012, assumed conversion of the Convertible Notes would have been anti-dilutive because the average trading price of the common shares was below the conversion price of $22.45 per share. In addition, certain stock options and other stock awards totaling 1.9 million and 1.5 million for the quarters ended March 31, 2013 and 2012, respectively, were outstanding but not included in the computation of diluted EPS because they were anti-dilutive.