Net Income (Loss) Per Share (Notes)

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding. Shares issued during the period and shares reacquired during the period are weighted for the portion of the period that they were outstanding. Diluted net income (loss) per share is computed in a manner consistent with that of basic net income (loss) per share while giving effect to all potentially dilutive common shares outstanding during the period, which include the assumed exercise of stock options and the assumed vesting of restricted stock using the treasury stock method.

For the years ended December 31, 2012 and 2011, a weighted average of 0.6 million and 2.1 million stock options, respectively, were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive.

Diluted net loss per share was the same as basic net loss per share for the year ended December 31, 2010 as shares issuable upon the exercise of stock options and the vesting of restricted stock awards and units were anti-dilutive as a result of the net loss incurred for that period. As a result, all of the stock options, restricted stock awards and units outstanding to purchase 4.0 million weighted average shares at December 31, 2010 were excluded from the diluted net loss per share calculation because their inclusion would have been anti-dilutive.

A summary of the net income (loss) per share calculation is shown below (in thousands, except share and per share amounts):

	2012		2011		2010
Net income (loss)	$	2,226	$	894	$	(13,063	)
Common shares outstanding:
Historical common shares outstanding at beginning of year	33,883,378		33,136,732		33,064,217
Weighted average common shares issued	493,469		321,555		27,045
Weighted average common shares outstanding-basic	34,376,847		33,458,287		33,091,262
Effect of dilution from stock options	1,390,123		911,837		—
Weighted average common shares outstanding-diluted	35,766,970		34,370,124		33,091,262
Net income (loss) per share, basic	$	0.06	$	0.03	$	(0.39	)
Net income (loss) per share, diluted	0.06		0.03		(0.39		)