| 23. |
Earnings/(loss) per
share |
The following
table sets forth the computation of basic and diluted earnings per
share for the periods indicated.
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Year ended
December 31, |
|
| |
|
2012 |
|
|
2011
(Restated,
see Note
2) |
|
|
2010
(Restated,
see Note
2) |
|
|
Basic:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss from continuing
operations, net of non-controlling interests in
subsidiaries
|
|
$ |
(363,238 |
) |
|
$ |
(1,325,620 |
) |
|
$ |
(142,524 |
) |
|
Loss on discontinued
operations
|
|
|
0 |
|
|
|
0 |
|
|
|
(8,405 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss
|
|
$ |
(363,238 |
) |
|
$ |
(1,325,620 |
) |
|
$ |
(150,929 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares of
common stock outstanding (used to calculate basic EPS)
|
|
|
76,649 |
|
|
|
72,172 |
|
|
|
70,058 |
|
|
Net effect of dilutive
employee stock options based on the treasury stock
method
|
|
|
411 |
|
|
|
136 |
|
|
|
270 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares of
common stock outstanding (used to calculate diluted EPS)
|
|
|
77,060 |
|
|
|
72,308 |
|
|
|
70,328 |
|
|
Net income / (loss) per
common share—basic:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Continuing
operations
|
|
$ |
(4.74 |
) |
|
$ |
(18.37 |
) |
|
$ |
(2.03 |
) |
|
Discontinued
operations
|
|
$ |
0.00 |
|
|
$ |
0.00 |
|
|
$ |
(0.12 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(4.74 |
) |
|
$ |
(18.37 |
) |
|
$ |
(2.15 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income / (loss) per
common share—diluted:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Continuing
operations
|
|
$ |
(4.74 |
) |
|
$ |
(18.37 |
) |
|
$ |
(2.03 |
) |
|
Discontinued
operations
|
|
$ |
0.00 |
|
|
$ |
0.00 |
|
|
$ |
(0.12 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(4.74 |
) |
|
$ |
(18.37 |
) |
|
$ |
(2.15 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
For the twelve
months ended December 31, 2012, 2011 and 2010, stock-based awards,
primarily stock options, which could result in the issuance of 1.0
million, 1.3 million and 1.3 million shares, respectively, were
outstanding, but were not included in the computation of earnings
per common share – diluted, because the effect of including
such awards would have been antidilutive. In addition there is no
adjustment to fully diluted shares related to the Convertible
Senior Notes as the average market price was below the conversion
price for the period.
|