EXHIBIT 11 – COMPUTATION OF INCOME (LOSS) PER SHARE

(In thousands, except per share data)

Year Ended December 31,

2013

2012

2011

NUMERATOR:

Net income (loss) attributable to the Company – common shares

$

 (48,460) 

$

 (183,112) 

$

 42,946  

Less: Participating securities dividends

 2,566  

 8,456  

 2,972  

Net income (loss) attributable to the Company per common share – basic

   and diluted

$

 (51,026) 

$

 (191,568) 

$

 39,974  

DENOMINATOR:

Weighted average common shares outstanding – basic

 357,662  

 356,915  

 355,907  

Effect of dilutive securities:

Stock options and restricted stock (1)

 -  

 -  

 621  

Weighted average common shares outstanding – diluted

 357,662  

 356,915  

 356,528  

Net income (loss) attributable to the Company per common share:

Basic

$

 (0.14) 

$

 (0.54) 

$

 0.11  

Diluted

$

 (0.14) 

$

 (0.54) 

$

 0.11