Net Income (Loss) Per Share

12 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Basic net income (loss) per share is computed on the basis of the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method and the if-converted method. Dilutive potential common shares include outstanding stock options and shared-based awards.

Reconciliation and the components of basic and diluted net income (loss) per share are as follows (in thousands, except per share data):

	Year Ended   June 30,
	2015			2014
Numerator:
Amounts attributable to Astrotech Corporation, basic and diluted:
Loss from continuing operations, net of tax	$	(9,823	)	$	(5,417	)
Income from discontinued operations, net of tax	20,601			457
Net income (loss) attributable to Astrotech Corporation	10,778			(4,960		)
Less: Texas State Fund deemed dividend (Note 16)	531			—
Net income (loss) attributable to Astrotech Corporation applicable to common shareholders	$	10,247		$	(4,960	)
Denominator:
Denominator for basic and diluted net income (loss) per share attributable to Astrotech Corporation — weighted average common stock outstanding	19,811			19,487
Basic and diluted net income (loss) per common share:
Net loss attributable to Astrotech Corporation from continuing operations	$	(0.52	)	$	(0.28	)
Net income from discontinued operations	1.04			0.02
Net income (loss) attributable to Astrotech Corporation applicable to common shareholders	$	0.52		$	(0.26	)

Options to purchase 1,127,750 shares of common stock at exercise prices ranging from $0.32 to $3.20 per share outstanding for the year ended June 30, 2015 were not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive. Options to purchase 874,750 shares of common stock at exercise prices ranging from $0.32 to $24.10 per share outstanding for the year ended June 30, 2014 were not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive.