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Weighted Average Shares Outstanding
3 Months Ended
Mar. 31, 2012
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]  
Weighted Average Shares Outstanding
Weighted Average Shares Outstanding
 
A reconciliation of the weighted average shares outstanding used in calculating basic and diluted net loss per share in the accompanying condensed consolidated statements of operations is as follows:
 
 
Three Months Ended March 31,
(in thousands)
 
2012
 
2011
Weighted average shares outstanding:
 
 
 
 
Weighted average common stock outstanding
 
38,667

 
38,712

Less: weighted average unvested restricted stock outstanding
 
402

 
749

Total basic weighted average shares outstanding
 
38,265

 
37,963

 
 
 
 
 
Diluted weighted average shares outstanding:
 
 
 
 
Weighted average common stock outstanding, basic
 
38,265

 
37,963

Effect of dilutive securities:
 
 
 
 
Common stock options and restricted stock units1
 

 

Total weighted average shares outstanding assuming dilution
 
38,265

 
37,963

1Due to the net loss for the quarters ended March 31, 2012 and 2011, restricted stock units representing approximately 474,000 and 242,000 shares, respectively, have been excluded from the number of shares used in calculating diluted net loss per share for the respective periods, as their inclusion would be antidilutive.