NET INCOME PER SHARE:

Basic Earnings Per Share ("EPS") is calculated by dividing net income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if options or other securities with features that could result in the issuance of common stock were exercised or converted to common stock. The following tables reconcile the numerator and the denominator of the basic and diluted net income per share computation (in thousands, except for per share data):



	For the three months ended June 30,
	2013				2012
	Basic		Diluted		Basic		Diluted
Numerator:
Net income applicable to common shareholders	$	9,238	$	9,238	$	9,673	$	9,673
Denominator:
Weighted-average shares outstanding: Basic	41,161		41,161		43,876		43,876
Dilutive effect of stock options, RSUs, convertible securities, and warrants			295				263
Weighted-average shares outstanding: Diluted			41,456				44,139
Earnings Per Share:
Net income: Basic	$	0.22	$	0.22	$	0.22	$	0.22
Dilutive effect of stock options, RSUs, convertible securities, and warrants			—				—
Net income: Diluted			$	0.22			$	0.22



	For the Six Months Ended June 30,
	2013						2012
	Basic			Diluted			Basic		Diluted
Numerator:
Net (loss) income applicable to common shareholders	$	(3,031	)	$	(3,031	)	$	20,603	$	20,603
Denominator:
Weighted-average shares outstanding: Basic	41,150			41,150			44,639		44,639
Dilutive effect of stock options, RSUs, convertible securities, and warrants				—					307
Weighted-average shares outstanding: Diluted				41,150					44,946
Earnings Per Share:
Net (loss) income: Basic	$	(0.07	)	$	(0.07	)	$	0.46	$	0.46
Dilutive effect of stock options, RSUs, convertible securities, and warrants				—					—
Net (loss) income: Diluted				$	(0.07	)			$	0.46

For the three months ended June 30, 2013 and June 30, 2012, options to purchase less than 0.1 million and zero shares, respectively, of common stock were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.

For the three months ended June 30, 2013 and June 30, 2012 and the six months ended June 30, 2012, 4.0 million shares of common stock issuable under convertible securities and 4.0 million shares of common stock issuable under warrants were excluded from the computation of diluted EPS because their effect would have been anti-dilutive.

For the six months ended June 30, 2012, options to purchase zero shares of common stock were excluded from the computation of diluted EPS because their effect would have been anti-dilutive.

For the six months ended June 30, 2013, the effects of all potential dilutive securities were excluded from the computation of diluted EPS as a result of the net loss reported in the period.