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Earnings (Loss) Per Share
3 Months Ended
Mar. 31, 2012
Earnings (Loss) Per Share  
Earnings (Loss) Per Share

(13) Earnings (Loss) Per Share

        Basic and diluted earnings (loss) per share are computed by dividing net income attributable to CVR stockholders by the weighted-average number of shares of common stock outstanding. The components of the basic and diluted earnings (loss) per share calculation are as follows:

 
  For the Three Months
Ended March 31,
 
 
  2012   2011  
 
  (in thousands, except share
data)

 

Net income (loss) attributable to CVR Energy stockholders

  $ (25,202 ) $ 45,788  

Weighted-average number of shares of common stock outstanding

    86,808,150     86,413,781  

Effect of dilutive securities:

             

Non-vested common stock

        1,366,782  

Stock options

        3,294  
           

Weighted-average number of shares of common stock outstanding assuming dilution

    86,808,150     87,783,857  
           

Basic earnings (loss) per share

  $ (0.29 ) $ 0.53  

Diluted earnings (loss) per share

  $ (0.29 ) $ 0.52  

        Outstanding stock options totaling 22,900 and 19,606 common shares were excluded from the diluted earnings (loss) per share calculation for the three months ended March 31, 2012 and 2011, respectively, as they were antidilutive. For the three months ended March 31, 2012, 1,659,483 shares of non-vested common stock were excluded from the diluted loss per share calculation, as they were antidilutive to the net loss incurred.