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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share  
Reconciliation of the basic and diluted earnings per share computations

 

 

 

 

September 30,

 

 

 

2012

 

2011

 

Three Months Ended

 

 

 

 

 

Net income for basic and diluted earnings per share

 

$

232

 

$

10,477

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

Average common shares used in basic computation

 

38,301

 

40,615

 

Effect of dilutive securities

 

951

 

656

 

Average common shares used in diluted computation

 

39,252

 

41,271

 

Earnings per share:

 

 

 

 

 

Basic

 

$

0.01

 

$

0.26

 

Diluted

 

$

0.01

 

$

0.25

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

 

 

Net loss for basic and diluted earnings per share

 

$

(241,406

)

$

(176,117

)

Shares of common stock and common stock equivalents:

 

 

 

 

 

Average common shares used in basic computation

 

38,672

 

41,051

 

Effect of dilutive securities

 

 

 

Average common shares used in diluted computation

 

38,672

 

41,051

 

Loss earnings per share:

 

 

 

 

 

Basic

 

$

(6.24

)

$

(4.29

)

Diluted

 

$

(6.24

)

$

(4.29

)

 

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

 

 

 

 

September 30,

 

 

 

2012

 

2011

 

Three months ended

 

672

 

1,451

 

Nine months ended

 

1,608

 

2,233