3. LOSS PER SHARE

Loss per share is computed as follows (in thousands except per share data):


	Three Months Ended March 31,
	2013								2012
	Net Loss			Shares		Per Share Amount			Net Loss			Shares		Per Share Amount
Basic loss per share	$	(40,360	)		82,768	$	(0.49	)	$	(45,134	)		82,423	$	(0.55	)
Effect of dilutive incentive-based awards					—								—

Diluted loss per share	$	(40,360	)		82,768	$	(0.49	)	$	(45,134	)		82,423	$	(0.55	)

Basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. The Company excluded potentially dilutive shares of 871 (in thousands) and 1,023 (in thousands), for the three months ended March 31, 2013 and 2012, respectively, from the calculation of diluted loss per share as their effect would have been anti-dilutive due to the Company’s net loss in those periods.