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Earnings (Loss) Per Share
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share

Basic earnings (loss) per share is calculated by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings (loss) per share is calculated by dividing net income (loss) available to common stockholders that has been adjusted for dilutive securities, by the weighted-average number of common shares outstanding including dilutive securities.

The following is a reconciliation of the calculation of basic and diluted earnings (loss) per share (in thousands, except share and per share data):
 
Quarter Ended
 
Period from
Numerator:
September 30, 2013
 
September 7, 2012
 
January 1, 2013 to September 30, 2013
 
January 1, 2012 to September 7, 2012
Income (loss) from continuing operations
$
8,564

 
$
(30,690
)
 
$
19,509

 
$
(32,314
)
Loss from discontinued operations
—

 
(14,089
)
 
—

 
(905
)
Net income (loss)
$
8,564

 
$
(44,779
)
 
$
19,509

 
$
(33,219
)
Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding—basic
195,546,384

 
187,010,360

 
195,455,225

 
174,241,316

Effect of dilutive securities:
 
 
 
 
 
 
 
Unvested restricted common stock
151,878

 
—

 
119,848

 
—

Shares related to unvested MSUs and PSUs
162,099

 
—

 
171,950

 
—

Weighted-average number of common shares outstanding—diluted
195,860,361

 
187,010,360

 
195,747,023

 
174,241,316

Basic earnings (loss) per share:


 
 
 


 


Continuing operations
$
0.04

 
$
(0.16
)
 
$
0.10

 
$
(0.19
)
Discontinued operations
—

 
(0.08
)
 
—

 
(0.00
)
Total
$
0.04

 
$
(0.24
)
 
$
0.10

 
$
(0.19
)
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
Continuing operations
$
0.04

 
$
(0.16
)
 
$
0.10

 
$
(0.19
)
Discontinued operations
—

 
(0.08
)
 
—

 
(0.00
)
Total
$
0.04

 
$
(0.24
)
 
$
0.10

 
$
(0.19
)


We did not include 262,461 unexercised stock appreciation rights in our calculation of diluted earnings (loss) per share for each period presented as they would be anti-dilutive.