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Earnings Per Share
12 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
24.

EARNINGS PER SHARE

Earnings per share are computed by dividing net income by the weighted average number of shares outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares determined for the basic computation plus the dilutive effect of potential common shares that could be issued under outstanding stock options. Stock options for 1,992,132 shares were anti-dilutive for the year ended December 31, 2011. Stock options for 2,207,827 shares were anti-dilutive for the year ended December 31, 2010. Stock options for 2,179,338 shares were anti-dilutive for the year ended December 31, 2009.

 

      September 30,       September 30,       September 30,  
    2011     2010     2009  
    (Dollars in thousands, except per share data)  
       

Numerator:

                       

Income (loss) from continuing operations

  $ 230     $ (37,273   $ (21,722

Income from discontinued operations

    —         —         4,949  
   

 

 

   

 

 

   

 

 

 

Net income (loss)

  $ 230     $ (37,273   $ (16,773
   

 

 

   

 

 

   

 

 

 
       

Denominator:

                       
   

 

 

   

 

 

   

 

 

 

Weighted average common shares outstanding—basic

    31,026       30,457       29,766  

Dilutive effect of stock options

    —         —         —    
   

 

 

   

 

 

   

 

 

 

Weighted average common shares outstanding—dilutive

    31,026       30,457       29,766  
   

 

 

   

 

 

   

 

 

 
       

Basic earnings (loss) per share:

                       

Basic earnings (loss) per common share—continuing operations

  $ 0.01     $ (1.22   $ (0.73

Basic earnings per common share-discontinued operations

    —         —         0.17  

Basic earnings (loss) per common share

    0.01       (1.22     (0.56
   

 

 

   

 

 

   

 

 

 
       

Dilutive earnings (loss) per share:

                       

Dilutive earnings (loss) per common share—continuing operations

  $ 0.01     $ (1.22   $ (0.73

Dilutive earnings per common share-discontinued operations

    —         —         0.17  

Dilutive earnings (loss) per common share

    0.01       (1.22     (0.56