XML 41 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
The Company and Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2013
The Company and Significant Accounting Policies [Abstract]  
Fair value of stock option granted weighted-average assumptions

The fair value of each stock option granted was estimated using the following weighted-average assumptions:

 

         
    Six-Month Period  
    Ended June 30,  
    2013  

Fair value of options granted

  $ 1.69  

Expected volatility

    91

Risk-free interest rate

    1.3

Expected lives

    7.0 years  

Dividend rate

    —    
Reconciliation of the basic and diluted income (loss) per share

Income (Loss) Per Share

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

 

                                 
    Three-Month Period
Ended June 30,
    Six-Month Period
Ended June 30,
 
    2013     2012     2013     2012  

Basic earnings per share:

                               

Numerator:

                               

Net income (loss) applicable to common stockholders

  $ 5,073     $ 2,066     $ 4,116     $ (1,329
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

                               

Weighted average common shares outstanding

    87,074,952       85,837,846       86,768,686       85,821,963  

Per share:

                               

Net income (loss) per share applicable to common stockholders

  $ 0.06     $ 0.02     $ 0.05     $ (0.02

Diluted earnings per share:

                               

Numerator:

                               

Net income (loss) applicable to common stockholders

  $ 5,073     $ 2,066     $ 4,116     $ (1,329
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

                               

Weighted average common shares outstanding

    87,074,952       85,837,846       86,768,686       85,821,963  

Dilutive securities:

                               

Stock options and restricted stock units

    2,153,838       340,485       1,379,228       —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted shares outstanding

    89,228,790       86,178,331       88,147,914       85,821,963  

Per share:

                               

Net income (loss) per share applicable to common stockholders

  $ 0.06     $ 0.02     $ 0.05     $ (0.02
Margin for the revolving loans

(ii) thereafter, the Applicable Margin for the Revolving Loans shall equal the applicable LIBOR margin or Base Rate margin in effect from time to time determined as set forth below based upon the applicable First Lien Net Leverage Ratio then in effect pursuant to the appropriate column under the table below:

 

                 

First Lien Net Leverage Ratio

  LIBOR Margin     Base Rate Margin  

³ 4.50 to 1.00

    2.50 %     1.50 %

< 4.50 to 1.00

    2.25 %     1.25 %