XML 96 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Basic Income Per Common Share and Diluted Income Per Common Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share
Basic Income Per Common Share and Diluted Income Per Common Share
Basic income per common share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted income per common share gives effect to all potentially dilutive common shares that were outstanding during the period. As of December 31, 2012, 2011 and 2010 we had outstanding stock options and RSUs that could potentially dilute basic earnings per share in the future.
The following represents a reconciliation of the numerator and denominator used in computing basic and diluted income available to common stockholders per common share for the years ended December 31, 2012, 2011 and 2010:
 
 
Years Ended December 31,
 
 
2012
 
2011
 
2010
Income (numerator)
 
 
 
 
 
 
Net loss
 
$
(62,627
)
 
$
(12,570
)
 
$
(149,201
)
Shares (denominator)
 
 
 
 
 
 
Basic weighted-average common shares outstanding
 
90,011

 
92,068

 
92,666

Diluted weighted-average common shares outstanding
 
90,011

 
92,068

 
92,666

Basic and diluted per share amounts
 
 
 
 
 
 
Basic net loss per share
 
$
(0.70
)
 
$
(0.14
)
 
$
(1.61
)
Diluted net loss per share
 
$
(0.70
)
 
$
(0.14
)
 
$
(1.61
)

For the years ended December 31, 2012, 2011 and 2010, there were no dilutive stock rights due to the net loss reported for the periods.