XML 30 R17.htm IDEA: XBRL DOCUMENT v2.3.0.15
Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2011
Earnings (Loss) Per Share [Abstract] 
Earnings (Loss) Per Share

NOTE 11: EARNINGS (LOSS) PER SHARE

The following table presents a reconciliation of basic and diluted earnings (loss) per share for the three-month and nine-month periods ended September 30, 2011 and 2010:

 

    For the  Three-Month
Periods Ended September 30
    For the  Nine-Month
Periods Ended September 30
 
    2011     2010     2011     2010  

Income (loss) from continuing operations

  $ (17,771   $ 20,804      $ (26,188   $ 79,707   

(Income) loss allocated to preferred shares

    (3,407     (3,406     (10,235     (10,227

(Income) loss allocated to noncontrolling interests

    59        210        176        803   
 

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) from continuing operations allocable to common shares

    (21,119     17,608        (36,247     70,283   

Income (loss) from discontinued operations

    (50     (2,556     747        (1,630
 

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) allocable to common shares

  $ (21,169   $ 15,052      $ (35,500   $ 68,653   
 

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average shares outstanding—Basic

    38,771,022        30,330,259        37,822,750        27,384,451   

Dilutive securities under the treasury stock method

    0        556,886        0        416,197   
 

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average shares outstanding—Diluted

    38,771,022        30,887,145        37,822,750        27,800,648   
 

 

 

   

 

 

   

 

 

   

 

 

 

Earnings (loss) per share—Basic:

       

Continuing operations

  $ (0.55   $ 0.58      $ (0.96   $ 2.57   

Discontinued operations

    0.00        (0.08     0.02        (0.06
 

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings (loss) per share—Basic

  $ (0.55   $ 0.50      $ (0.94   $ 2.51   
 

 

 

   

 

 

   

 

 

   

 

 

 

Earnings (loss) per share—Diluted:

       

Continuing operations

  $ (0.55   $ 0.57      $ (0.96   $ 2.53   

Discontinued operations

    0.00        (0.08     0.02        (0.06
 

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings (loss) per share—Diluted

  $ (0.55   $ 0.49      $ (0.94   $ 2.47   
 

 

 

   

 

 

   

 

 

   

 

 

 

For the three-month and nine-month periods ended September 30, 2011, securities convertible into 1,275,244 common shares, respectively, were excluded from the earnings (loss) per share computations because their effect would have been anti-dilutive. For the three-month and nine-month periods ended September 30, 2010, securities convertible into 3,698,272 common shares, respectively, were excluded from the earnings (loss) per share computations because their effect would have been anti-dilutive.