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Net (Loss) Income per Share
12 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Net (Loss) Income per Share
Net (Loss) Income per Share
 
Basic net (loss) income 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 (loss) income per share are as follows (in thousands, except per share data): 
 
 
Year Ended 
 June 30,
 
 
2016
 
2015
Numerator:
 
 
 
 
Amounts attributable to Astrotech Corporation, basic and diluted:
 
 
 
 
Loss from continuing operations, net of tax
 
$
(13,095
)
 
$
(9,823
)
Income from discontinued operations, net of tax
 

 
20,601

Net (loss) income attributable to Astrotech Corporation
 
(13,095
)
 
10,778

Less: Texas State Fund deemed dividend (Note 16)
 

 
531

Net income (loss) attributable to Astrotech Corporation applicable to common shareholders
 
$
(13,095
)
 
$
10,247

Denominator:
 
 
 
 
Denominator for basic and diluted net income (loss) per share attributable to Astrotech Corporation — weighted average common stock outstanding
 
20,388

 
19,811

Basic and diluted net (loss) income per common share:
 
 
 
 
Net loss attributable to Astrotech Corporation from continuing operations
 
$
(0.64
)
 
$
(0.52
)
Net income from discontinued operations
 

 
1.04

Net (loss) income attributable to Astrotech Corporation applicable to common shareholders
 
$
(0.64
)
 
$
0.52



All unvested restricted stock awards for the year ended June 30, 2016 are not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive. Options to purchase 957,750 shares of common stock at exercise prices ranging from $0.32 to $3.20 per share outstanding for the year ended June 30, 2016 were not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive. 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.