Net Loss Per Share
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Dec. 31, 2011
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Net Loss Per Share [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Loss Per Share | 5. Net Loss Per Share Basic net loss per common share is calculated by dividing net loss by the weighted average number of common stock outstanding during the reporting period. For the years ended December 31, 2011, 2010 and 2009, basic and diluted net loss per share, are identical because the Company had losses from continuing operations and the impact of common equivalent shares would have been anti-dilutive and therefore excluded. For the year ended December 31, 2011, unvested restricted stock awards granted during the third quarter of fiscal 2011 are included in the calculation of basic weighted average shares because such shares are participating securities. The following table sets forth the computation of basic and diluted net loss per share for the periods indicated (in thousands, except per share data):
As the Company incurred net losses in the periods presented, the following table displays the Company's other outstanding common stock equivalents that were excluded from the computation of diluted net loss per share, as the effect of including them would have been antidilutive (in thousands):
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