Basic and Diluted Net Income (Loss) Per Share

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Basic and Diluted Net Income (Loss) per Share

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

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2012			2011		2012			2011
Numerator — Basic
Net income (loss)	$	(35,111	)	$	5,461	$	(38,619	)	$	5,122
Numerator — Diluted
Net income (loss)	$	(35,111	)	$	5,461	$	(38,619	)	$	5,122
Interest on convertible notes, net of tax benefit (B)	—			456		—			—
Net income (loss), diluted	$	(35,111	)	$	5,917	$	(38,619	)	$	5,122
Denominator — Basic
Weighted average shares used to calculate net income (loss)
per share, basic	27,534			26,432		26,985			25,038
Denominator — Diluted
Weighted average shares used to calculate net income (loss)
per share, basic	27,534			26,432		26,985			25,038
Effect of escrow shares (A)	—			1,242		—			414
Effect of convertible notes (B)	—			3,837		—			—
Effect of dilutive restricted stock (C)	—			84		—			88
Effect of dilutive stock options (C)	—			62		—			55
Weighted average shares used to calculate net income (loss)
per share, diluted	27,534			31,657		26,985			25,595
Net income (loss) per share
Basic	$	(1.28	)	$	0.21	$	(1.43	)	$	0.20
Diluted (A), (B)	$	(1.28	)	$	0.19	$	(1.43	)	$	0.20

(A) For the three and nine months ended September 30, 2012, the 0.8 million and 1.1 million contingently issuable shares were excluded from the calculation as their effect would have been anti-dilutive.

(B) For the three and nine months ended September 30, 2012 and the nine months ended September 30, 2011, 3.8 million and 3.6 million as-if converted shares associated with the Company's 2013 and 2015 convertible senior notes were excluded from the calculation as their effect would have been anti-dilutive.

(C) For the three and nine months ended September 30, 2012 and 2011, the following equity awards, by type, were excluded from the calculation, as their effect would have been anti-dilutive (in thousands):

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2012	2011	2012	2011
Stock options	2,476	2,953	2,476	2,962
Restricted stock units (D)	1,708	1,404	1,708	1,400
Total equity award shares excluded	4,184	4,357	4,184	4,362

(D) For the three and nine months ended September 30, 2012, the Company excluded restricted shares of 1.0 million granted under the Long-Term Incentive Plan and Overlay Plan, as the performance criteria required for issuance of the awards was not satisfied as of these dates. For the three and nine months ended September 30, 2011, the Company excluded restricted shares of 0.7 million granted under the Long-Term Incentive Plan, as the performance criteria required for issuance of the awards was not satisfied as of these dates. Shares excluded under these plans were based on the Company's estimate of shares likely to vest at each period there ended.