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Earnings (Loss) Per Share
 6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share
Basic earnings (loss) per share (“EPS”) is based on the weighted average number of common shares outstanding during each period. Diluted EPS is based on the weighted average number of common shares outstanding and the effect of all dilutive common stock equivalents outstanding during each period. Stock option conversions and stock units were not included in the computation of diluted loss per share for each of the six months ended June 30, 2014 and 2013, as we incurred a loss from continuing operations for these periods and any effect on loss per share would have been anti-dilutive. The following table reconciles the numerators and denominators used in the computations of both basic and diluted EPS:
 
Three Months Ended June 30
 
Six Months Ended June 30
 
2014
 
2013(1)
 
2014
 
2013(1)
 
(In thousands, except share data)
Basic loss per share computation:
 
 
 
Numerator:
 
 
 
Loss from continuing operations
$
(963
)
 
$
(32,057
)
 
$
(10,755
)
 
$
(52,797
)
Denominator:
 
 
 
 
 
 
 
Average common shares
93,561,305

 
93,417,417

 
93,977,672

 
93,215,130

Basic loss per share from continuing operations
$
(0.01
)
 
$
(0.34
)
 
$
(0.11
)
 
$
(0.57
)
Diluted loss per share computation:
 
 
 
Numerator:
 
 
 
Loss from continuing operations
$
(963
)
 
$
(32,057
)
 
$
(10,755
)
 
$
(52,797
)
Denominator:
 
 
 
 
 
 
 
Average common shares — basic
93,561,305

 
93,417,417

 
93,977,672

 
93,215,130

Stock option conversion(2)
—

 
—

 
—

 
—

Stock units(3)
—

 
—

 
—

 
—

Average common shares — diluted
93,561,305

 
93,417,417

 
93,977,672

 
93,215,130

Diluted loss per share from continuing operations
$
(0.01
)
 
$
(0.34
)
 
$
(0.11
)
 
$
(0.57
)
(1) All applicable share data and per share amounts have been adjusted retroactively for the 1-for-2 reverse stock split effected on August 26, 2013.
(2) Anti-dilutive common shares excluded
3,649,711

 
6,981,822

 
3,752,341

 
7,283,324

(3) Anti-dilutive stock units excluded
201,976

 
756,537

 
298,959

 
777,579