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NET INCOME (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2013
NET INCOME (LOSS) PER SHARE  
Computations for basic and diluted net income (loss) per share

 

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

(in thousands, except for per share amounts) 

 

2013

 

2012

 

2013

 

2012

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) — basic

 

$

(36,429

)

$

(37,120

)

$

(73,789

)

$

47,474

 

Add: interest and issuance costs related to convertible notes

 

 

 

 

3,002

 

Net income (loss) — diluted

 

(36,429

)

(37,120

)

(73,789

)

50,476

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

100,316

 

91,809

 

99,677

 

89,019

 

Less: unvested RSAs

 

(2,713

)

(2,640

)

(2,713

)

(2,640

)

Weighted-average common shares outstanding — basic

 

97,603

 

89,169

 

96,964

 

86,379

 

Dilutive effect of equity incentive plans and ESPP

 

 

 

 

1,997

 

Dilutive effect of convertible subordinated notes

 

 

 

 

6,668

 

Weighted-average common shares outstanding and dilutive potential common shares - diluted

 

97,603

 

89,169

 

96,964

 

95,044

 

Schedule of anti-dilutive securities

 

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

(in thousands)

 

2013

 

2012

 

2013

 

2012

 

Shares issuable under equity incentive plans and ESPP

 

3,848

 

6,348

 

4,519

 

3,801

 

Shares issuable upon the conversion of convertible subordinated notes

 

17,015

 

6,668

 

15,643

 

 

Total anti-dilutive securities

 

20,863

 

13,016

 

20,162

 

3,801