Quarterly report pursuant to sections 13 or 15(d)

Per Share Data

v2.3.0.11
Per Share Data
6 Months Ended
Jun. 30, 2011
Per Share Data
9.
Per Share Data

Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding.  The dilutive effect of common shares potentially issuable under outstanding options, warrants and restricted shares is included in diluted earnings per share.  The computations of basic and diluted per share data were as follows:

   
Three months ended
   
Six months ended
 
   
June 30,
   
June 30
 
   
2011
   
2010
   
2011
   
2010
 
Net income (loss)
  $ 200     $ (2,229 )   $ 609     $ (6,632 )
Basic weighted-average shares
    183,048,031       170,744,411       183,199,813       169,326,908  
Effect of dilutive securities:
                               
Common stock options
    2,221,995             1,891,950        
Warrants to purchase common stock
    1,650,705             1,456,110        
Restricted shares
     85,185             111,205        
Dilutive potential common shares
    3,957,885             3,459,265        
Weighted average common shares outstanding and dilutive potential common shares
    187,005,916       170,744,411       186,659,078       169,326,908  
Net income (loss) per share:
                               
Basic and diluted
  $   0.00     $ (0.01 )   $ 0.00     $ (0.04 )

 
For the three and six months ended June 30, 2011 and 2010, options, warrants and restricted shares to purchase 20,121,396 and 30,574,290 common shares, respectively, were not included in the computation of diluted income (loss) per share as the effect would be anti-dilutive.