Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE

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NET INCOME (LOSS) PER SHARE
 3 Months Ended
Jun. 30, 2014
NET INCOME (LOSS) PER SHARE [Abstract]  
NET INCOME (LOSS) PER SHARE

NOTE 11: NET INCOME (LOSS) PER SHARE

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

      Three Months Ended
      June 30, 2014   June 30, 2013
        Net income (loss)       $        (4,324 )       $        3,281
  Divided by              
  Weighted average shares:              
         Basic     250,666       243,309
                Dilutive shares from stock plans     -       2,463
                Dilutive shares from purchase plan     -       72
         Diluted     250,666       245,844
                 
  Basic and diluted net income (loss) per share   $ (0.02 )   $ 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, 42.5 million weighted equivalent shares of 4.50% of subordinated notes were excluded. At June 30, 2014 and 2013, 30.9 million and 31.2 million, respectively, weighted equivalent shares of 3.50% convertible subordinated notes were excluded.
     
  • Stock options to purchase 7.8 million and 10.7 million weighted-average shares at June 30, 2014 and 2013, respectively, were excluded.
     
  • Unvested restricted stock units of 11.2 million and 7.5 million weighted-average shares at June 30, 2014 and 2013, respectively, were excluded.