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Earnings Per Share Reconciliation (Tables)
9 Months Ended
Sep. 30, 2011
Earnings Per Share Reconciliation 
Computation of basic and diluted earnings per share

 

 

 

THREE MONTHS ENDED

 

NINE MONTHS ENDED

 

 

SEPTEMBER 30,

 

SEPTEMBER 30,

(in thousands, except share data)

 

2011

 

2010

 

 

2011

 

2010

 

NUMERATOR

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(3,890

)

$

(28,997

)

 

$

(31,130

)

$

(63,902

)

Net loss from discontinued operations

 

(17,423

)

(943

)

 

(20,432

)

(2,098

)

Net loss available to common stockholders

 

$

(21,313

)

$

(29,940

)

 

$

(51,562

)

$

(66,000

)

 

 

 

 

 

 

 

 

 

 

 

DENOMINATOR

 

 

 

 

 

 

 

 

 

 

Basic earnings per share—weighted-average shares

 

44,408,594

 

44,095,109

 

 

44,339,168

 

44,016,370

 

Effect of dilutive securities

 

-

 

-

 

 

-

 

-

 

Diluted earnings per share—adjusted

 

 

 

 

 

 

 

 

 

 

weighted-average shares and

 

 

 

 

 

 

 

 

 

 

assumed conversions

 

44,408,594

 

44,095,109

 

 

44,339,168

 

44,016,370

 

NET LOSS PER COMMON SHARE

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.09

)

$

(0.66

)

 

$

(0.70

)

$

(1.45

)

Discontinued operations

 

(0.39

)

(0.02

)

 

(0.46

)

(0.05

)

Total

 

(0.48

)

(0.68

)

 

(1.16

)

(1.50

)

Diluted

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

(0.09

)

(0.66

)

 

(0.70

)

(1.45

)

Discontinued operations

 

(0.39

)

(0.02

)

 

(0.46

)

(0.05

)

Total

 

$

(0.48

)

$

(0.68

)

 

$

(1.16

)

$

(1.50

)