Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

v2.4.0.6
Loss Per Share
 3 Months Ended
Mar. 31, 2012
Loss Per Share [Abstract]  
LOSS PER SHARE

NOTE 6 — LOSS PER SHARE

Basic and diluted loss per common share were calculated as follows (in thousands, except per share amounts):

 

                 
    Three Months Ended March 31,  
    2012     2011  

Basic and diluted weighted average shares outstanding (1)

     32,634       32,260  
   

 

 

    

 

 

  

Net loss

   $ (4,754 )    $ (6,659 ) 
   

 

 

    

 

 

  

Basic and diluted loss per share

   $ (0.15 )    $ (0.21 ) 
   

 

 

    

 

 

  

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

     1,610       1,880  
   

 

 

    

 

 

  

 

(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.