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EARNINGS / (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2013
Computation of Basic And Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the periods indicated.

 

     Three months ended March 31,  
     2013     2012  

Net income / (loss)

   $ (79,456   $ 60,184   

Weighted average shares of common stock outstanding (used to calculate basic EPS)

     81,538        72,885   

Net effect of dilutive employee stock options based on the treasury stock method

     465        217   
  

 

 

   

 

 

 

Weighted average shares of common stock outstanding (used to calculate diluted EPS)

     82,003        73,102   

Net income / (loss) per common share - basic

   $ (0.97   $ 0.83   

Net income / (loss) per common share - diluted

   $ (0.97   $ 0.82