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NET LOSS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share


     For the Three Months Ended March 31,  
     2014     2013  
     (in thousands, except per share amounts)  

Net loss

   $ (28,273 )   $ (42,084 )

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

    

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

     37,821        31,813   

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

     —         —    
  

 

 

   

 

 

 

Weighted-average number of shares of common stock and dilutive common stock equivalents outstanding for computing diluted earnings per share

     37,821        31,813   
  

 

 

   

 

 

 

Net loss per share — basic and diluted

   $ (0.75 )   $ (1.32 )

 

* Warrants, stock options, restricted stock awards, restricted stock units and stock appreciation rights to purchase approximately 6,096,000 and 5,997,000 shares of common stock were excluded from the net loss per share calculation for the three months ended March 31, 2014 and 2013, respectively, as their effect would have been anti-dilutive.