XML 62 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net (Loss) Income Attributable to Common Stockholders and Net (Loss) Income per Share
6 Months Ended
Dec. 31, 2012
Net (Loss) Income Attributable to Common Stockholders and Net (Loss) Income per Share

3. Net (Loss) Income Attributable to Common Stockholders and Net (Loss) Income per Share

Basic net (loss) income per share is computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding during the period. Diluted net (loss) income per share is computed by using the weighted-average number of shares of common stock outstanding, including potential dilutive shares of common stock assuming the dilutive effect of outstanding stock options and restricted stock units using the treasury stock method.

The following table presents the calculation of basic and diluted net (loss) income per share:

 

     Three Months Ended
December 31,
     Six Months Ended
December 31,
 
     2012     2011      2012     2011  
     (In thousands, except per share data)      (In thousands, except per share data)  

Numerator:

         

Basic and Diluted:

         

Net (loss) income

   $ (63,491   $ 4,433       $ (63,628   $ 9,927   
  

 

 

   

 

 

    

 

 

   

 

 

 

Denominator:

         

Basic:

         

Weighted average shares of common stock used in computing basic net (loss) income per share

     42,777        47,054         42,795        47,266   
  

 

 

   

 

 

    

 

 

   

 

 

 

Diluted:

         

Weighted average shares of common stock used in computing basic net (loss) income per share

     42,777        47,054         42,795        47,266   

Weighted average effect of dilutive securities:

         

Stock options

     —           883         —           1,158   

Restricted stock units

     —           —           —           18   
  

 

 

   

 

 

    

 

 

   

 

 

 

Weighted average shares of common stock used in computing diluted net (loss) income per share

     42,777        47,937         42,795        48,442   
  

 

 

   

 

 

    

 

 

   

 

 

 

Net (loss) income per share:

         

Basic

   $ (1.48   $ 0.09       $ (1,49   $ 0.21   
  

 

 

   

 

 

    

 

 

   

 

 

 

Diluted (2)

   $ (1.48   $ 0.09       $ (1.49   $ 0.20   
  

 

 

   

 

 

    

 

 

   

 

 

 

Securities excluded from weighted average shares used in computing diluted net (loss) income per share because the effect would have been anti-dilutive: (1)

     10,505        7,891         8,902        6,176   

 

(1)

These weighted shares relate to anti-dilutive stock options and restricted stock units as calculated using the treasury stock method and could be dilutive in the future.

(2) 

Diluted EPS does not reflect any potential common stock relating to stock options or restricted stock units due to operating loss. The assumed issuance of any additional shares would be antidiluted.