Net Loss Per Share

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements [Abstract]

Net Loss Per Share

3. Net Loss Per Share

Our basic net loss per share amounts have been computed by dividing net loss by the weighted-average number of common shares outstanding during the period. As of March 31, 2012 and 2011, our 79 and 331 shares, respectively, of unvested restricted stock outstanding have non-forfeitable rights to dividends. The allocation of 2012 and 2011 net losses to these participating securities pursuant to the two-class method is not material to both basic and diluted earnings per share. For the three months ended March 31, 2012 and 2011, we reported net losses and, therefore, potential common stock were not included in the computation of diluted net loss per share since such inclusion would have been anti-dilutive. The calculations of net loss per share, basic and diluted, are as follows:

	Net Loss (Numerator)			Weighted Average Common Shares (Denominator)		Per Share Amount
Three months ended March 31, 2012
Basic and diluted	$	(13,086	)		33,761	$	(0.39	)
Three months ended March 31, 2011
Basic and diluted	$	(22,927	)		33,273	$	(0.69	)

For the three months ended March 31, 2012 and 2011, anti-dilutive common shares excluded from diluted per share amounts consist of the following:

	Three Months Ended March 31,
	2012				2011
	Weighted Average Number		Weighted Average Exercise Price		Weighted Average Number		Weighted Average Exercise Price
Options		5,785	$	12.46		5,146	$	14.10
Restricted stock		96				29
Total		5,881				5,175