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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2013
Accounting Policies [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share for the three and six months ended June 30:

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2013      2012     2013      2012  

Numerator:

          

Income (loss) from continuing operations

   $ 6,948       $ (33,182   $ 10,042       $ (50,909

Income from discontinued operations, net of tax

     —           15        —           21,818   
  

 

 

    

 

 

   

 

 

    

 

 

 

Net income (loss)

   $ 6,948       $ (33,167   $ 10,042       $ (29,091

Denominator:

          

Weighted average shares outstanding – basic

     33,754         36,712        34,073         35,665   

Common stock equivalents

     105         —          99         —     
  

 

 

    

 

 

   

 

 

    

 

 

 

Weighted average shares outstanding – diluted

     33,859         36,712        34,172         35,665   

Earnings (loss) per share – basic:

          

From continuing operations

   $ 0.21       $ (0.90   $ 0.29       $ (1.43

From discontinued operations

     —           0.00        —           0.61   
  

 

 

    

 

 

   

 

 

    

 

 

 

Earnings (loss) per share – basic

   $ 0.21       $ (0.90   $ 0.29       $ (0.82
  

 

 

    

 

 

   

 

 

    

 

 

 

Earnings (loss) per share – diluted:

          

From continuing operations

   $ 0.21       $ (0.90   $ 0.29       $ (1.43

From discontinued operations

     —           0.00        —           0.61   
  

 

 

    

 

 

   

 

 

    

 

 

 

Earnings (loss) per share – diluted

   $ 0.21       $ (0.90   $ 0.29       $ (0.82