Income (Loss) Per Share

12 Months Ended

Dec. 31, 2011

Income (Loss) Per Share [Abstract]

Income (Loss) Per Share

Note 7:     Income (Loss) Per Share

The following table presents the basis of the income (loss) per share computation:

	Years Ended December 31,
	2011			2010			2009
				(In thousands)
Numerator for basic and diluted income (loss) per share:
Income (loss) from continuing operations	$	115,253		$	69,298		$	(7,265	)
Loss from discontinued operations, net of tax		(908	)		(5,686	)		(17,636	)
Gain from disposal of discontinued operations, net of tax		—			44,847			—
Net income (loss)	$	114,345		$	108,459		$	(24,901	)
Denominator:
Denominator for basic income (loss) per share — weighted average shares		47,109			46,805			46,594
Effect of dilutive common stock equivalents		995			978			—
Denominator for diluted income (loss) per share — adjusted weighted average shares		48,104			47,783			46,594

For the years ended December 31, 2011, 2010 and 2009, diluted weighted average shares outstanding do not include outstanding equity awards of 0.8 million, 1.3 million, and 3.4 million, respectively, because to do so would have been anti-dilutive.

For purposes of calculating basic earnings per share, unvested restricted stock units are not included in the calculation of basic weighted average shares outstanding until all necessary conditions have been satisfied and issuance of the shares underlying the restricted stock units is no longer contingent. Necessary conditions are not satisfied until the vesting date, at which time holders of our restricted stock units receive shares of our common stock.

For purposes of calculating diluted earnings per share, unvested restricted stock units are included to the extent that they are dilutive. In determining whether unvested restricted stock units are dilutive, each issuance of restricted stock units is considered separately.

Once a restricted stock unit has vested, it is included in the calculation of both basic and diluted weighted average shares outstanding.