LOSS PER COMMON SHARE

The following table reconciles the earnings (loss) available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted earnings (loss) per share for years ended March 31:



$ in thousands	2012			2011			2010
Net loss	$	(23,407	)	$	(39,527	)	$	(1,021	)
Preferred stock dividends	(288		)	(588		)	(928		)
Net loss available to common stockholders	$	(23,695	)	$	(40,115	)	$	(1,949	)

Weighted average common shares outstanding – basic	1,662			166			165
Effect of dilutive options	—			—			—
Effect of dilutive MRP shares	—			—			—
Weighted average common shares outstanding – diluted	1,662			166			165

Basic EPS	$	(14.26	)	$	(242.25	)	$	(11.85	)
Diluted EPS	NA			NA			NA