Quarterly report pursuant to Section 13 or 15(d)

Earnings/(Loss) Per Share (Tables)

v2.4.0.6
Earnings/(Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings/(Loss) Per Share [Abstract]  
Basic and Diluted (Loss)/Earnings Per Common Share
                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  

Basic weighted average number of shares outstanding

    32,755       32,395       32,694       32,328  

Effect of dilutive securities:

                               

Stock options and restricted stock (1)

    349       243       392       0  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted weighted average shares outstanding

    33,104       32,638       33,086       32,328  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net income/(loss)

  $ 8,005     $ 562     $ 3,251     $ (6,097
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic income/(loss) per share

  $ 0.24     $ 0.02     $ 0.10     $ (0.19
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income/(loss) per share (1)

  $ 0.24     $ 0.02     $ 0.10     $ (0.19
   

 

 

   

 

 

   

 

 

   

 

 

 

Antidilutive stock options not included in the calculation of diluted income per share

    260       637       255       1,822  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) For periods with a net loss, basic weighted average shares outstanding are used for diluted calculations as required by GAAP because all options and non-vested shares outstanding are considered anti-dilutive.