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Net Income (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2012
Net Income (Loss) Per Common Share  
Schedule of net income per common share

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

 

 

(Unaudited)

 

(Unaudited)

 

Numerator

 

 

 

 

 

 

 

 

 

Net Income (Loss)

 

$

16,960

 

$

1,579

 

$

16,278

 

$

(9,485

)

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

50,944

 

52,698

 

50,912

 

53,271

 

Effect of outstanding share-based awards

 

845

 

673

 

423

 

 

Weighted average number of shares for diluted net income (loss) per common share

 

51,789

 

53,371

 

51,335

 

53,271

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

0.33

 

$

0.03

 

$

0.32

 

$

(0.18

)

Diluted earnings (loss) per share

 

$

0.33

 

$

0.03

 

$

0.32

 

$

(0.18

)