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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2011
Earnings Per Share  
Reconciliation of the basic and diluted earnings per share computations

 

 

 

 

June 30,

 

 

 

2011

 

2010

 

Three Months Ended

 

 

 

 

 

Net (loss) income for basic and diluted earnings per share

 

$

(196,143

)

$

7,508

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

Average common shares used in basic computation

 

41,112

 

43,226

 

Effect of dilutive securities

 

 

478

 

Average common shares used in diluted computation

 

41,112

 

43,704

 

(Loss) earnings per share:

 

 

 

 

 

Basic

 

$

(4.77

)

$

0.17

 

Diluted

 

$

(4.77

)

$

0.17

 

 

 

 

 

 

 

Six Months Ended

 

 

 

 

 

Net (loss) income for basic and diluted earnings per share

 

$

(186,594

)

$

15,940

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

Average common shares used in basic computation

 

41,272

 

43,525

 

Effect of dilutive securities

 

 

604

 

Average common shares used in diluted computation

 

41,272

 

44,129

 

(Loss) earnings per share:

 

 

 

 

 

Basic

 

$

(4.52

)

$

0.37

 

Diluted

 

$

(4.52

)

$

0.36

 

Summary of anti-dilutive equity awards not included in the detailed earnings per share computations

 

 

 

 

June 30,

 

 

 

2011

 

2010

 

Three months ended

 

1,849

 

1,031

 

Six months ended

 

1,438

 

708