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The Company and Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2012
The Company and Significant Accounting Policies [Abstract]  
Fair value of stock option granted weighted-average assumptions
         
    Six-Month Period
Ended June 30,
2012
 

Fair value of options granted

  $ 1.26  

Expected volatility

    89

Risk-free interest rate

    1.5

Expected lives

    7.0 years  

Dividend rate

    —    
Reconciliation of the basic and diluted income per share

The following table illustrates the reconciliation of the basic and diluted income per share computations required by ASC 260-10, “Earnings Per Share” (in thousands, except share and per share data):

 

                                 
    Three-Month Period     Six-Month Period  
    Ended June 30,     Ended June 30,  
    2012     2011     2012     2011  

Basic earnings per share:

                               

Numerator:

                               

Net income (loss) applicable to common stockholders

  $ 2,066     $ (352   $ (1,329   $ (4,784
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Denominator:

                               

Weighted average common shares outstanding

    85,837,846       85,053,417       85,821,963       85,046,396  
         

Per share:

                               

Net income (loss) per share applicable to common stockholders

  $ 0.02     $ 0.00     $ (0.02   $ (0.06
         

Diluted earnings per share:

                               

Numerator:

                               

Net income (loss) applicable to common stockholders

  $ 2,066     $ (352   $ (1,329   $ (4,784
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Denominator:

                               

Weighted average common shares outstanding

    85,837,846       85,053,417       85,821,963       85,046,396  

Dilutive securities:

                               

Stock options and restricted stock units

    340,485       —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted shares outstanding

    86,178,331       85,053,417       85,821,963       85,046,396  
         

Per share:

                               

Net income (loss) per share applicable to common stockholders

  $ 0.02     $ 0.00     $ (0.02   $ (0.06