Three Months Ended June 30,

Six Months Ended June 30,

2012

2011

2012

2011

(in thousands, except per share data)

Net income (loss)

$

8,038

$

1,279

$

(9,666

)

$

3,112

Weighted-average number of shares of common stock and common stock equivalents outstanding:

Weighted-average number of common shares outstanding for computing basic earnings per share

22,624

22,348

22,624

20,558

Dilutive effect of warrants and stock options after application of the treasury stock method*

34

805

—

1,112

Weighted-average number of common shares outstanding for computing diluted earnings per share

22,658

23,153

22,624

21,670

Net income (loss) per share — basic

$

0.36

$

0.06

$

(0.43

)

$

0. 15

Net income (loss) per share — dilutive

$

0.35

$

0.06

$

(0.43

)

$

0.14