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Net Loss per Share
6 Months Ended
Dec. 31, 2011
Net Loss per Share [Abstract]  
Net Loss per Share

(4) Net Loss per Share

Basic net loss per share is computed on the basis of the weighted average number of shares of common stock outstanding during the period. Diluted net loss 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, convertible debt, and shared-based awards. Reconciliation and the components of basic and diluted net loss per share are as follows (in thousands, except per share data):

 

      September 30,       September 30,       September 30,       September 30,  
    Three Months Ended     Six Months Ended  
    December 31,     December 31,  
    2011     2010     2011     2010  

Numerator:

                               

Net loss attributable to Astrotech Corporation, basic and diluted

  $ (1,786   $ (1,562   $ (2,452   $ (2,724
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

                               

Denominator for basic net loss per share attributable to Astrotech Corporation — weighted average common stock outstanding

    18,445       17,853       18,285       17,627  
   

 

 

   

 

 

   

 

 

   

 

 

 

Dilutive common stock equivalents — common stock options and share-based awards

    —         —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator for diluted net loss per share attributable to Astrotech Corporation — weighted average common stock outstanding and dilutive common stock equivalents

    18,445       17,853       18,285       17,627  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Basic net loss per share attributable to Astrotech Corporation

  $ (0.10   $ (0.09   $ (0.13   $ (0.15

Diluted net loss per share attributable to Astrotech Corporation

  $ (0.10   $ (0.09   $ (0.13   $ (0.15
   

 

 

   

 

 

   

 

 

   

 

 

 

Options to purchase 1,147,850 shares of common stock at exercise prices ranging from $0.30 to $24.10 per share outstanding, for the three and six months ended December 31, 2011, were not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive. Options to purchase 396,450 shares of common stock at exercise prices ranging from $0.30 to $34.38 per share outstanding for the three and six months ended December 31, 2010, were not included in diluted net loss per share as the impact to net loss per share is anti-dilutive.