Earnings (Loss) Per Common Share

12 Months Ended

Dec. 31, 2011

Earnings (Loss) Per Common Share [Abstract]

Earnings (Loss) Per Common Share

Note 12—Earnings (Loss) per Common Share

The Company accounts for and discloses net earnings (loss) per share using the treasury stock 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 numerators and denominators of the basic and diluted EPS computations for operations are as follows:

	Year Ended December 31, 2011								Year Ended December 31, 2010								Year Ended December 31, 2009
	Income (Numerator)			Shares (Denominator)		Per Share Amounts			Income (Numerator)			Shares (Denominator)		Per Share Amounts			Income (Numerator)			Shares (Denominator)		Per Share Amounts
	(In thousands, except per share data)
Loss from operations
Basic and Diluted EPS	$	(102,027	)		70,117	$	(1.46	)	$	(73,109	)		67,435	$	(1.08	)	$	(90,853	)		59,997	$	(1.51	)

At December 31, 2011, 2010 and 2009, all in-the-money stock options and unvested restricted stock amounting to 1.1 million, 2.7 million and 3.2 million 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 December 31, 2011, approximately 19.9 million 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.