Net Loss Per Share
 9 Months Ended
Sep. 30, 2012
Net Loss Per Share [Abstract]  
Net Loss Per Share

12. Net Loss Per Share

Basic net loss per share excludes any dilutive effects of options. We compute basic net loss per share using the weighted average number of common shares outstanding during the period. We compute diluted net loss per share using the weighted average number of shares of common stock and common stock equivalents outstanding during the period. We excluded common stock equivalents of 2,453,000 and 1,404,000 for the three months ended September 30, 2012 and 2011, respectively, and 2,221,000 and 1,250,000 for the nine months ended September 30, 2012 and 2011, respectively, from the computation of diluted net loss per share because their effect was antidilutive.

The following table sets forth the computation of basic and diluted net income (loss) per share:

 

                                 
    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  

(in thousands, except per share data)

   2012     2011     2012     2011  

Numerator for basic and diluted net loss per share

   $ (39,017 )    $ (478 )    $ (43,391 )    $ (2,016 ) 

Denominator:

                                

Weighted average shares for basic net loss per share

     26,677       26,655       26,672       22,534  

Effect of dilutive securities:

                                

Weighted average of stock options, restricted stock awards, and warrants

     —         —         —         —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Denominators for diluted net loss per share

     26,677       26,655       26,672       22,534  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Net loss per share - basic

   $ (1.46 )    $ (0.02 )    $ (1.63 )    $ (0.09 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Net loss per share - diluted

   $ (1.46 )    $ (0.02 )    $ (1.63 )    $ (0.09 )