Net Income (Loss) Per Share

6 Months Ended

Jun. 30, 2012

Net Income (Loss) Per Share

Net Income (Loss) Per Share

G.Net Income (Loss) Per Share

We compute basic net income (loss) per share by dividing net income (loss) by the weighted average number of common shares outstanding during the relevant period. The components of basic and diluted net income (loss) per share were as follows (in thousands, except per share data):

	Three Months Ended June 30,					Six Months Ended June 30,
	2012		2011			2012			2011
Net income (loss)	$	3,319	$	(19,562	)	$	(9,097	)	$	(41,857	)
Weighted average common shares outstanding	21,370		21,167			21,359			21,156
Effect of dilutive securities:
Stock options and restricted stock units	279		—			—			—
Shares used in calculating dilutive net income (loss) per share	21,649		21,167			21,359			21,156
Net income (loss) per share:
Basic	$	0.16	$	(0.92	)	$	(0.43	)	$	(1.98	)
Diluted	$	0.15	$	(0.92	)	$	(0.43	)	$	(1.98	)

The following table sets forth the potential common shares issuable upon the exercise of outstanding options and the vesting of restricted stock units (prior to consideration of the treasury stock method), that were excluded from our computation of diluted net income (loss) per share because such options and restricted stock units were anti-dilutive due to a net loss or because the exercise price exceeded the current stock price for options in the relevant periods (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2012	2011	2012	2011
Options to purchase shares of common stock	3,044	2,127	2,873	2,127
Shares of common stock issuable upon the vesting of restricted stock units	142	649	484	649
Total	3,186	2,776	3,357	2,776