Earnings Per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

Weighted average shares used in the computation of basic and diluted earnings (loss) per common share are as follows:

	Three Months Ended June 30,		Six Months Ended June 30,
	2012	2011	2012	2011
Weighted average shares used for basic earnings (loss) per common share	55,141	54,919	55,087	54,869
Effect of dilutive stock options and restricted stock	—	—	—	—
Weighted average shares used for diluted earnings (loss) per common share	55,141	54,919	55,087	54,869

For the three and six months ended June 30, 2012 and June 30, 2011, all potentially dilutive securities are excluded from the calculation of diluted earnings (loss) per share as we generated a net loss for the periods. For the periods ended June 30, 2012, securities excluded from the calculation of diluted earnings (loss) per share, because their inclusion would be antidilutive, include options to purchase 1,917 shares at an average price of $9.47 per share and 1,575 shares of restricted stock. For the periods ended June 30, 2011, securities excluded from the calculation of diluted earnings (loss) per share, because their inclusion would be antidilutive, include options to purchase 2,601 shares at an average price of $9.99 per share and 1,125 shares of restricted stock.