Basic and Diluted Net Income Per Share

9 Months Ended

Sep. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share

Basic and Diluted Net Income per Share

A reconciliation of the numerator and the denominator used to calculate basic and diluted net income per share is as follows (in thousands, except per share amounts):

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2011		2010		2011		2010
Numerator — Basic
Net income, basic	$	2,765	$	2,171	$	2,426	$	1,713
Numerator — Diluted
Net income, basic	$	2,765	$	2,171	$	2,426	$	1,713
Interest on convertible notes, net of tax benefit (A)	—		—		—		—
Net income, diluted	$	2,765	$	2,171	$	2,426	$	1,713
Denominator — Basic
Weighted average shares used to calculate net income
per share, basic	26,432		24,212		25,038		24,088
Denominator — Diluted
Weighted average shares used to calculate net income
per share, basic	26,432		24,212		25,038		24,088
Effect of escrow shares	1,242		—		414		—
Effect of convertible notes (A)	—		—		—		—
Effect of dilutive restricted stock (B)	84		141		88		153
Effect of dilutive stock options (B)	62		47		55		69
Weighted average shares used to calculate net income
per share, diluted	27,820		24,400		25,595		24,310
Net income per share
Basic	$	0.10	$	0.09	$	0.10	$	0.07
Diluted (A), (B)	$	0.10	$	0.09	$	0.09	$	0.07

(A)	For the three and nine months September 30, 2011 and 2010, 3.8 million as-if converted shares associated with the Company's 2013 convertible senior notes were excluded from the calculation as their effect would have been anti-dilutive.
(B)	For the three and nine months ended September 30, 2011 and 2010, the following equity awards, by type, were excluded from the calculation, as their effect would have been anti-dilutive (in thousands):

	For the Three Months Ended		For the Nine Months Ended
	September 30,		September 30,
	2011	2010	2011	2010
Stock options	2,953	2,183	2,962	2,260
Restricted stock	1,404	—	1,400	—
Total equity award shares excluded	4,357	2,183	4,362	2,260