Annual report pursuant to Section 13 and 15(d)

Historical Basic and Diluted Net Loss per Share

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Historical Basic and Diluted Net Loss per Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Historical Basic and Diluted Net Loss per Share
 
A reconciliation of the number of shares used in the calculation of basic and diluted earnings per share for the years ended December 31, 2012 and 2011 is as follows: 

 
Years Ended December 31,
 
2012
 
2011
Basic weighted average number of common shares
14,585

 
14,440

Potential dilutive effect of stock-based awards

 

Diluted weighted average number of common shares
14,585

 
14,440



The following outstanding stock-based awards were excluded from the computation of the effect of dilutive securities on loss per share for the following periods as they would have been anti-dilutive:
 
 
Years Ended December 31,
 
2012
 
2011
Options
51,000

 
102,545

Stock-settled stock appreciation rights (SARs)
549,601

 
356,378

Restricted stock and restricted stock units (RSUs)
553,097

 
606,138

Performance contingent SARs
280,000

 
280,000

 
1,433,698

 
1,345,061