Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Common Share

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Net Income (Loss) Per Common Share
 9 Months Ended
Dec. 31, 2011
Net Income (Loss) Per Common Share  
Net Income (Loss) Per Common Share

 

 

15.  Net Income (Loss) Per Common Share

 

Basic loss per share of common stock is computed using the weighted average number of common shares outstanding for the period. Diluted loss per share is computed without consideration to potentially dilutive instruments because the Company incurred losses in the three months ended December 31, 2011 which would make these instruments anti-dilutive. As of December 31, 2011 and 2010, the number of antidilutive stock options and restricted stock units excluded from diluted net loss per common share computations was approximately 11.9 million and 11.8 million, respectively. As of December 31, 2011 and 2010, the number of warrants excluded from diluted net loss per common share computations was approximately 6.9 million and 34.1 million, respectively.