Earnings (Loss) Per Share Of Common Stock

3 Months Ended

Mar. 31, 2012

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. 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 March 31, 2012 and 2011 were as follows:

	Three Months Ended March  31,
	2012		2011
	(In thousands)
Basic		70,470		69,995
Incremental common stock equivalents		—		—
Diluted		70,470		69,995

At March 31, 2012, and 2011, all in-the-money stock options and unvested restricted stock amounting to 1.8 million and 3.9 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 March 31, 2012, approximately 19.9 million shares related to the Company's 2018 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.