(LOSS) EARNINGS PER SHARE (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
Mar. 31, 2012	Mar. 31, 2011
(LOSS) EARNINGS PER SHARE
Net (loss) income	$ (12,921)	$ 6,482
Basic weighted-average number of common shares outstanding (000s)	307,776	303,749
Dilutive effect of stock options and RSUs (000s) (in shares)		8,427
Dilutive effect of convertible notes (000s) (in shares)		20,724
Diluted weighted-average number of common shares outstanding (000s)	307,776	332,900
Earnings (loss) per share attributable to Valeant Pharmaceuticals International, Inc.
Basic and diluted (loss) earnings per share	$ (0.04)	$ 0.02

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References+ Details

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

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+ Details