Earnings Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

(9)    Earnings Per Share

Earnings per share has been computed in accordance with the Earnings Per Share Topic of the ASC. Basic earnings per share of the Company is computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding for the period. Except when the effect would be anti-dilutive, the diluted earnings per share calculation calculated using the treasury stock method includes the impact of stock units, shares of non-vested restricted stock and shares that could be issued under outstanding stock options.

The following table provides a reconciliation of the common shares used for basic earnings per share and diluted earnings per share (in thousands):

		0000000000000		0000000000000		0000000000000
					Predecessor Company
	Three Months Ended		Sixty-Six Days Ended		Twenty-Four Days Ended
	March 31, 2012		March 31, 2011		January 24, 2011
Weighted average number of common shares used for basic earnings per share		25,931		25,820		89,424
Effect of potential dilutive shares		—		—		271
Weighted average number of common shares and potential dilutive shares used for diluted earnings per share		25,931		25,820		89,695
Anti-dilutive shares outstanding at period-end that are excluded from the above reconciliation		4,916		4,934		712

Weighted average number of common shares used for basic earnings per share excludes 266,157, 360,748 and 16,666 weighted average shares of non-vested restricted stock as of the three months ended March 31, 2012, the 66 days ended March 31, 2011 and the 24 days ended January 24, 2011, respectively. Since the Company incurred a loss for the three months ended March 31, 2012 and the 66 days ended March 31, 2011, all potentially dilutive securities are anti-dilutive for these periods and are, therefore, excluded from the determination of diluted earnings per share.