Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v2.4.0.6
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2012
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of computation of basic and diluted net income (loss) per share

 

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

 
   Year Ended December 31,  
 
   2012   2011   2010  

EPS Numerator:

                    

Net income (loss)

   $ (98,840 ) $ (85,973 ) $ 37,890  
               

EPS Denominator—Basic:

                    

Weighted-average common shares outstanding

     74,967     63,329     52,055  
               

EPS Denominator—Diluted:

                    

Weighted-average common shares outstanding

     74,967     63,329     52,055  

Dilutive effect of stock options, shares under Purchase Plan and warrant

     —     —     518  
               

Weighted-average shares outstanding and

                    

common stock equivalents

     74,967     63,329     52,573  
               

Net income (loss) per common share:

                    

Basic

   $ (1.32 ) $ (1.36 ) $ 0.73  

Diluted

   $ (1.32 ) $ (1.36 ) $ 0.72  
Schedule of antidilutive securities

These securities consist of the following (in thousands except per share data):

 
   December 31,  
 
   2012   2011   2010  

Outstanding options

     13,604     11,749     7,536  

Warrant

     200     200     —  

Weighted average exercise price of options

   $ 11.52   $ 12.07   $ 15.08  

Weighted average exercise price of warrant

   $ 6.61   $ 6.61   $ —