XML 31 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Income per Share (Tables)
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Computation of basic and diluted net income per common share
The following table summarizes the computation of basic and diluted net income (loss) per common share (in thousands, except per share amounts):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2013
 
2012
 
2013
 
2012
Net income (loss) applicable to common shares
$
(202,096
)
 
$
14,859

 
$
(271,693
)
 
$
35,135

Income impact of assumed Series D Preferred Stock conversion
—

 
338

 
—

 
1,014

Net income (loss) after assumed Series D Preferred Stock conversion
$
(202,096
)
 
$
15,197

 
$
(271,693
)
 
$
36,149

Weighted average number of common shares outstanding
157,143

 
155,918

 
156,842

 
155,698

Effect of dilutive stock awards
—

 
869

 
—

 
917

Effect of convertible preferred stock
—

 
6,065

 
—

 
6,065

Weighted average number of diluted common shares outstanding
157,143

 
162,852

 
156,842

 
162,680

Basic net income (loss) per share
$
(1.29
)
 
$
0.10

 
$
(1.73
)
 
$
0.23

Diluted net income (loss) per share
$
(1.29
)
 
$
0.09

 
$
(1.73
)
 
$
0.22