XML 24 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
Basic and Diluted Loss Per Share
12 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Earnings Per Share
Basic and Diluted Loss per Share

A reconciliation of the numerator and the denominator used to calculate basic and diluted loss per share is as follows (in thousands, except per share amounts):
 
 
For the Years Ended December 31,
2011
 
2010
 
2009
Numerator—Basic
 
 
 
 
 
 
Net loss, basic
 
$
(4,225
)
 
$
(369
)
 
$
(42,567
)
Numerator—Diluted
 
 
 
 
 
 
Net loss, basic
 
$
(4,225
)
 
$
(369
)
 
$
(42,567
)
Interest on convertible senior notes, net of tax benefit (B)
 

 

 

Net loss, diluted
 
$
(4,225
)
 
$
(369
)
 
$
(42,567
)
Denominator—Basic
 
 
 
 
 
 
Weighted average shares used to calculate net loss per share, basic
 
25,413

 
24,144

 
23,493

Denominator—Diluted
 
 
 
 
 
 
Weighted average shares used to calculate net loss per share, basic
 
25,413

 
24,144

 
23,493

Effect of escrow shares (A)
 

 

 

Effect of convertible notes (B)
 

 

 

Effect of dilutive restricted stock (C)(D)
 

 

 

Effect of dilutive stock options (C)
 

 

 

Weighted average shares used to calculate net loss per share, diluted
 
25,413

 
24,144

 
23,493

Net loss per share:
 
 
 
 
 
 
Basic
 
$
(0.17
)
 
$
(0.02
)
 
$
(1.81
)
Diluted
 
$
(0.17
)
 
$
(0.02
)
 
$
(1.81
)

(A)
For the year ended December 31, 2011, the 1.3 million contingently issuable escrow shares were excluded from the calculation as their effect would have been anti-dilutive.

(B)
The following as-if converted shares associated with the Company’s 2013 convertible senior notes were excluded from the calculation as their effect would be anti-dilutive (in thousands):
 
 
For the Years Ended
December 31,
 
 
2011
 
2010
 
2009
2013 convertible senior notes
 
3,454

 
3,837

 
3,837


(C)
The following shares, by equity award type, were excluded from the calculation, as their effect would have been anti-dilutive (in thousands):
 
 
For the Years Ended
December 31,
2011
 
2010
 
2009
Effect of dilutive restricted stock units
 
510

 
390

 
322

Effect of dilutive stock options
 
2,900

 
2,698

 
2,736

Total equity award shares excluded
 
3,410

 
3,088

 
3,058


(D) For the years ended December 31, 2011, 2010 and 2009 the Company excluded restricted shares of 844,200, 731,400, and 684,900 granted under the Long-Term Incentive Plan, as the performance criteria required for issuance of the awards was not satisfied as of these dates.