NET INCOME (LOSS) PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2012

NET INCOME (LOSS) PER COMMON SHARE (Tables) [Abstract]

Reconciliation of basic and diluted net (loss) income per common share

The following table sets forth a reconciliation of basic and diluted net income (loss) per common share (in thousands except per common share amounts):

	Three Months Ended June 30,					Six Months Ended June 30,
	2012		2011			2012		2011
Net income (loss)	$	30,891	$	(3,672	)	$	26,674	$	(3,633	)
Add effect of dilutive securities:
Interest on convertible notes		113		-			1,084		-
Adjusted net income (loss)	$	31,004	$	(3,672	)	$	27,758	$	(3,633	)
Shares used in computing basic net income (loss) per common share		70,161		69,504			70,069		70,700
Add effect of dilutive securities:
Employee stock compensation plans		117		-			112		-
Common stock subject to repurchase		335		-			303		-
Convertible notes		1,305		-			1,779		-
Shares used in computing diluted net income (loss) per common share		71,918		69,504			72,263		70,700
Basic net income (loss) per common share	$	0.44	$	(0.05	)	$	0.38	$	(0.05	)
Diluted net income (loss) per common share	$	0.43	$	(0.05	)	$	0.38	$	(0.05	)

Securities excluded from diluted earnings per common share on an actual outstanding basis

The potential dilutive securities excluded from diluted earnings per common share were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Employee stock compensation plans		5,780		6,311		5,785		6,311
Restricted stock subject to repurchase		2,026		1,628		2,057		1,628
Convertible notes		-		3,169		-		3,169
Total		7,806		11,108		7,842		11,108