The following
table sets forth the computation of basic and diluted earnings per
share for the periods indicated.
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| |
|
Three months ended March 31, |
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| |
|
2013 |
|
|
2012 |
|
|
|
|
|
Net income /
(loss)
|
|
$ |
(79,456 |
) |
|
$ |
60,184 |
|
|
|
|
|
Weighted average shares of
common stock outstanding (used to calculate basic EPS)
|
|
|
81,538 |
|
|
|
72,885 |
|
|
|
|
|
Net effect of dilutive
employee stock options based on the treasury stock
method
|
|
|
465 |
|
|
|
217 |
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares of
common stock outstanding (used to calculate diluted EPS)
|
|
|
82,003 |
|
|
|
73,102 |
|
|
|
|
|
Net income / (loss) per
common share - basic
|
|
$ |
(0.97 |
) |
|
$ |
0.83 |
|
|
Net income / (loss) per
common share - diluted
|
|
$ |
(0.97 |
) |
|
$ |
0.82 |
|
|