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Net Loss Per Share
6 Months Ended
Jun. 30, 2013
Net Loss Per Share
15. Net Loss Per Share

Basic net loss per share amounts have been computed based on the weighted-average number of common shares outstanding. Diluted net loss per share amounts have been computed based on the weighted-average number of common shares outstanding plus the dilutive effect of potential common shares. The computation of potential common shares has been performed using the treasury stock method. Because of the net loss reported in each period, diluted and basic net loss per share amounts are the same.

The calculation of net loss and the number of shares used to compute basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2013 and 2012 are as follows:

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
In thousands, except per share data    2013     2012     2013     2012  

Net loss

   $ (68,985   $ (51,312   $ (133,655   $ (107,206
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per share – basic and diluted

   $ (0.37   $ (0.31   $ (0.74   $ (0.66
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares – basic and diluted

     184,726        165,848        181,651        163,409   
  

 

 

   

 

 

   

 

 

   

 

 

 

For the three-month and six-month periods ended June 30, 2013 and 2012, the following potentially dilutive securities were not included in the computation of net loss per share because the effect would be anti-dilutive:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
In thousands    2013      2012      2013      2012  

Stock options

     10,640         8,056         10,640         8,056   

Restricted stock and stock units

     2,073         2,139         2,073         2,139   
  

 

 

    

 

 

    

 

 

    

 

 

 
     12,713         10,195         12,713         10,195