Basic and Diluted Net Loss Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

Basic and Diluted Net Loss per Share

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

	For the Three Months Ended
	March 31,
	2012			2011
Numerator — Basic
Net loss, basic	$	(4,815	)	$	(529	)
Numerator — Diluted
Net loss, basic	$	(4,815	)	$	(529	)
Interest on convertible notes, net of tax benefit (B)	—			—
Net loss, diluted	$	(4,815	)	$	(529	)
Denominator — Basic
Weighted average shares used to calculate net loss
per share, basic	26,656			24,347
Denominator — Diluted
Weighted average shares used to calculate net loss
per share, basic	26,656			24,347
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	26,656			24,347
Net loss per share
Basic	$	(0.18	)	$	(0.02	)
Diluted (A), (B)	$	(0.18	)	$	(0.02	)

(A)	For the three months ended March 31, 2012, the 1.3 million contingently issuable shares were excluded from the calculation as their effect would have been anti-dilutive.
(B)	For the three months ended March 31, 2012 and 2011, 3.5 million and 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.
(C)	For the three months ended March 31, 2012 and 2011, 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
	March 31,
	2012	2011
Effect of dilutive stock options	2,651	2,506
Effect of dilutive restricted stock units	502	334
Total equity award shares excluded	3,153	2,840

(D) For the years ended March 31, 2012 and 2011 the Company excluded restricted shares of 835,200 and 727,900 granted under the Long-Term Incentive Plan, as the performance criteria required for issuance of the awards was not satisfied as of these dates.