Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE

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NET INCOME (LOSS) PER SHARE
6 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

NOTE 10: NET INCOME (LOSS) PER SHARE

The following is our computation of basic and diluted net income (loss) per share (in thousands, except per share data):

Three Months Ended Six Months Ended
      September 30,
2012
      September 30,
2011
      September 30,
2012
      September 30,
2011
Net income (loss) $      (12,268 ) $      3,561 $      (29,766 ) $      (1,665 )
Weighted average shares and common share
       equivalents (“CSE”):
       Basic 239,856       232,712   238,251     230,579
              Dilutive CSE from stock plans   5,488    
              Dilutive CSE from ESPP   259  
       Diluted 239,856 238,459 238,251 230,579
 
Basic and diluted net income (loss) per share $ (0.05 ) $ 0.01 $ (0.12 ) $ (0.01 )
 

The computations of diluted net income (loss) per share for the periods presented exclude the following because the effect would have been anti-dilutive:

  • For all periods presented, 31.2 million weighted equivalent shares of 3.50% convertible subordinated notes issued in November 2010 were excluded.
     
  • For the second quarter and first six months of fiscal 2013, options to purchase 17.6 million and 18.3 million weighted average shares, respectively, were excluded. For the second quarter and first six months of fiscal 2012, options to purchase 9.6 million and 21.8 million weighted average shares, respectively, were excluded.
     
  • Unvested restricted stock and restricted stock units of 10.7 million and 9.7 million weighted average shares for the second quarter and first six months of fiscal 2013, respectively, were excluded. Unvested restricted stock units for 5.9 million and 8.3 million weighted average shares for the second quarter and first six months of fiscal 2012, respectively, were excluded.