The Company and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2013

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:


	Nine-Month Period
	Ended September 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 Basic and Diluted 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					Nine-Month Period
	Ended September 30,					Ended September 30,
	2013			2012		2013			2012
Basic earnings per share:
Numerator:
Net income (loss) applicable to common stockholders	$	(21,384	)	$	7,233	$	(17,268	)	$	5,904

Denominator:
Weighted average common shares outstanding		87,959,856			85,940,225		87,170,106			85,861,671
Per share:
Net income (loss) per share applicable to common stockholders	$	(0.24	)	$	0.08	$	(0.20	)	$	0.07
Diluted earnings per share:
Numerator:
Net income (loss) applicable to common stockholders	$	(21,384	)	$	7,233	$	(17,268	)	$	5,904

Denominator:
Weighted average common shares outstanding		87,959,856			85,940,225		87,170,106			85,861,671
Dilutive securities:
Stock options and restricted stock units		—			446,430		—			359,197

Diluted shares outstanding		87,959,856			86,386,655		87,170,106			86,220,868
Per share:
Net income (loss) per share applicable to common stockholders	$	(0.24	)	$	0.08	$	(0.20	)	$	0.07

Margin for 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	%