XML 25 R18.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Net Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2011
Net Earnings (Loss) Per Share  
Net Earnings (Loss) Per Share

13.  NET EARNINGS (LOSS) PER SHARE

Basic earnings per share is computed using the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed using the weighted-average number of common shares outstanding during the period, plus the dilutive effect of outstanding options, RSUs, and warrants, using the treasury stock method and the average market price of our common stock during the applicable period. Certain shares related to some of our outstanding stock options and RSUs were excluded from the computation of diluted earnings per share because they were antidilutive in the periods presented, but could be dilutive in the future.

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
(in thousands, except per share amounts)          2011                  2010                  2011                  2010        
  

 

 

    

 

 

    

 

 

 

Basic

           

Net income (loss)

   $ 2,273         $    (8,188)       $ 7,004         $    (4,337)   
  

 

 

    

 

 

    

 

 

    

 

 

 
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average common shares outstanding

     37,405         37,054         37,341         36,966   
  

 

 

    

 

 

    

 

 

    

 

 

 
  

 

 

    

 

 

    

 

 

    

 

 

 

Net earnings (loss) per share, basic

   $ 0.06         $      (0.22)       $ 0.19         $      (0.12)   
  

 

 

    

 

 

    

 

 

    

 

 

 
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

           

Net income (loss)

   $ 2,273         $    (8,188)       $ 7,004         $    (4,337)   
  

 

 

    

 

 

    

 

 

    

 

 

 
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average common shares outstanding, basic

     37,405         37,054         37,341         36,966   

Weighted-average effect of dilutive securities:

           

Stock options

     1,201         -         1,241         -   

RSUs

     242         -         242         -   

Warrants

     3         -         4         -   
  

 

 

    

 

 

    

 

 

    

 

 

 

Effect of assumed exercise of stock options, warrants and

RSUs

     1,446         -         1,487         -   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average common shares outstanding, diluted

     38,851         37,054         38,828         36,966   
  

 

 

    

 

 

    

 

 

    

 

 

 
  

 

 

    

 

 

    

 

 

    

 

 

 

Net earnings (loss) per share, diluted

   $ 0.06         $      (0.22)       $ 0.18         $      (0.12)   
  

 

 

    

 

 

    

 

 

    

 

 

 
  

 

 

    

 

 

    

 

 

    

 

 

 

Outstanding options and RSUs excluded as impact would be antidilutive

     31         2,960         27         3,041