Net Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2013

The following table sets forth the information needed to compute basic and diluted earnings per share for the years ended December 31, 2013, 2012 and 2011:


	Year Ended December 31,
	2013			2012			2011
	(In thousands, except per share amounts)
Net (loss) income	$	(20,939	)	$	(1,928	)	$	15,051

Basic (loss) income per common share:
Weighted average common shares outstanding, basic		60,687,478			60,687,478			56,292,511

Basic net (loss) income per share	$	(0.35	)	$	(0.03	)	$	0.27

Diluted (loss) income per common share:
Weighted average common shares outstanding, basic		60,687,478			60,687,478			56,292,511
Options to purchase common shares		—			—			293,248
Outstanding warrants and options to purchase warrants		—			—			2,695,566

Weighted average common shares outstanding, diluted		60,687,478			60,687,478			59,281,325
Diluted net (loss) income per share	$	(0.35	)	$	(0.03	)	$	0.25

Potential Shares of Common Stock Excluded from Diluted Net ( loss ) Income Per Share

The following table sets forth the number of potential shares of common stock that have been excluded from diluted net (loss) income per share because their effect was anti-dilutive:


	Year Ended December 31,
	2013		2012		2011
Options to purchase common shares		4,340,750		1,524,160		1,833,130
Outstanding warrants and options to purchase warrants		27,443,727		17,443,727		1,265,000
Amended and Restated Convertible notes		28,748,424		8,353,518		7,447,995
Amended and Restated Reimbursement notes		1,274,334		—		—
Amended and Restated Bridge notes		3,254,246		—		—

		65,061,481		27,321,407		10,546,125