The following table presents a reconciliation of basic and diluted income per share computations (in thousands, except per share data and anti-dilutive stock option counts):

	Three months ended March 31,
	2013			2012
Numerator:
Net loss	$	(8,059	)	$	(7,906	)

Denominator:
Weighted-average shares outstanding		16,639			17,213
Effect of unvested restricted stock awards considered participating securities		362			363
Weighted-average shares outstanding – basic		17,001			17,576
Effect of dilutive common stock options		-			-
Weighted-average shares outstanding – diluted		17,001			17,576

Net loss per share – basic	$	(0.47	)	$	(0.45	)

Net loss per share – diluted	$	(0.47	)	$	(0.45	)

Cash dividends declared per share	$	0.06		$	0.06

Stock options excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive		1,323,000			1,552,000