XML 14 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Per Share Data
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Per Share Data
Per Share Data
     The Company’s basic net income (loss) per share amounts have been computed by dividing net income (loss) by the weighted average number of shares of Common Stock and Class A Stock outstanding. Net income (loss) per share is presented on a combined basis, inclusive of Common Stock and Class A Stock outstanding, as each class of stock has equivalent economic rights. Diluted net income per share includes the potential dilutive effect of other securities as if such securities were converted or exercised during the period, when the effect is dilutive. For the three and nine months ended September 30, 2011, the Company reported a net loss; therefore, no common stock equivalents were included in the computation of diluted net loss per share for this period, since such inclusion would have been antidilutive. The calculations of basic and diluted net income (loss) per share are as follows:
 
 
Three Months Ended September 30,
 
 
2012
 
2011
Net income (loss) - basic
 
$
191,468

 
$
(62,365
)
Effect of dilutive securities:
 
 
 
 
Convertible senior notes - interest expense related to contractual coupon interest rate and amortization of discount and note issuance costs
 
7,374

 

Net income (loss) - diluted
 
$
198,842

 
$
(62,365
)
 
 
 
 
 
(Shares in thousands)
 
 
 
 
Weighted average shares - basic
 
95,012

 
91,046

Effect of dilutive securities:
 
 
 
 
Stock options
 
14,106

 


Restricted stock
 
797

 


Convertible senior notes
 
4,761

 


Warrants
 
1,154

 


Dilutive potential shares
 
20,818

 

Weighted average shares - diluted
 
115,830

 
91,046

 
 
 
 
 
Net income (loss) per share - basic
 
$
2.02

 
$
(0.68
)
Net income (loss) per share - diluted
 
$
1.72

 
$
(0.68
)
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
 
2012
 
2011
Net income (loss) - basic and diluted
 
$
279,862

 
$
(168,317
)
 
 
 
 
 
(Shares in thousands)
 
 
 
 
Weighted average shares - basic
 
94,349

 
90,215

Effect of dilutive securities:
 
 
 
 
Stock options
 
14,080

 

Restricted stock
 
699

 


Warrants
 
652

 

Dilutive potential shares
 
15,431

 

Weighted average shares - diluted
 
109,780

 
90,215

 
 
 
 
 
Net income (loss) per share - basic
 
$
2.97

 
$
(1.87
)
Net income (loss) per share - diluted
 
$
2.55

 
$
(1.87
)



Shares which have been excluded from the September 30, 2012 and 2011 diluted per share amounts because their effect would have been antidilutive, include the following (shares in thousands):

 
 
Three Months Ended September 30,
 
 
2012
 
2011
Stock options
 
175

 
20,395

Restricted stock
 


 
854

Warrants
 
3,607

 


 
 
 
 
 
 
 
Nine Months Ended September 30,
 
 
2012
 
2011
Stock options
 
91

 
21,239

Restricted stock
 

 
848

Convertible senior notes
 
4,761

 

Warrants
 
4,109