Earnings (Loss) Per Share Of Common Stock

9 Months Ended

Sep. 30, 2011

Earnings (Loss) Per Share Of Common Stock [Abstract]

Earnings (Loss) Per Share Of Common Stock

Note 9—Earnings (Loss) per Share of Common Stock

The Company accounts for and discloses net earnings (loss) per share using the treasury stock method. The dilutive effect of convertible debt is computed using the "as-if" converted method. Net earnings (loss) per common share, or basic earnings (loss) per share, is computed by dividing net earnings (loss) by the weighted-average number of common shares outstanding. Net earnings (loss) per common share assuming dilutions, or diluted earnings (loss) per share, is computed by reflecting the potential dilution from the exercise of in-the-money stock options, non-vested restricted stock and non-vested restricted stock units.

The Company's basic and diluted weighted-average number of common shares outstanding as of September 30, 2011 and 2010 were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
	(In thousands)
Basic		70,122		67,047		70,037		66,773
Incremental common stock equivalents		—		—		—		—
Diluted		70,122		67,047		70,037		66,773

At September 30, 2011 and 2010, all in-the-money stock options, unvested restricted stock and warrants amounting to 1,851,782 and 7,116,919 shares, respectively, were excluded from the computation of diluted earnings (loss) per share as their effect would have been anti-dilutive, since the Company reported a net loss for these periods. At September 30, 2011, 19,934,997 shares related to the Company's Convertible Notes, calculated "as-if" the Convertible Notes had been converted, were excluded from the computation of diluted earnings (loss) per share as their effect would have been anti-dilutive, since the Company reported a net loss for the period.