Income (Loss) Per Common Share - Note 3

3 Months Ended

Mar. 31, 2012

Income (Loss) Per Common Share Disclosure

Income (Loss) Per Common Share

(3) Income (Loss) Per Common Share

Basic net income (loss) per common share is the amount of income (loss) for the period divided by the weighted average shares of common stock outstanding during the reporting period. Diluted income (loss) per common share is the amount of income (loss) for the period plus interest expense on convertible debt divided by the sum of weighted average shares of common stock outstanding during the reporting period and weighted average shares that would have been outstanding assuming the issuance of common shares for all dilutive potential common shares.

Potential common shares of approximately 7.4 million and 12.0 million during the three months ended March 31, 2012 and 2011, respectively that could potentially dilute basic income per share in the future were not included in the computation of diluted income (loss) per share because to do so would have been anti-dilutive for the periods presented. Potential dilutive common shares related to convertible debt were approximately 3.0 million and 8.8 million common shares for the three months ended March 31, 2012 and 2011, respectively. Additionally, potential dilutive common shares related to stock options, restricted stock and restricted stock units were 4.3 million and 3.2 million common shares, for the three months ended March 31, 2012 and 2011, respectively.