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Net Income (Loss) Per Share
12 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

(12) 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 (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 income (loss) per share are as follows (in thousands, except per share data):

 

  Year Ended June 30,
  2012   2011
Numerator:          
Net income (loss) attributable to Astrotech, basic $ (2,713)   $ (4,983)
Net income (loss) attributable to Astrotech, diluted $ (2,713)   $ (4,983)
           
Denominator:          
Denominator for basic net income (loss) per share — weighted average common stock outstanding   18,544      17,822 
Dilutive common stock equivalents — common stock options and share-based awards   —      — 
Denominator for diluted net income (loss) per share weighted average common stock outstanding and dilutive common stock equivalents   18,544      17,822 
Basic net income (loss) per share $ (0.15)   $ (0.28)
Diluted net income (loss) per share $ (0.15)   $ (0.28)

 

Options to purchase 1,140,750 shares of common stock at exercise prices ranging from $0.30 to $24.10 per share outstanding for the twelve months ended June 30, 2012, were not included in diluted net income per share, as the impact to net income per share is anti-dilutive. Options to purchase 377,350 shares of common stock at exercise prices ranging from $0.30 to $26.00 per share outstanding for the twelve months ended June 30, 2011, respectively, were not included in diluted net income per share, as the impact to net income per share is anti-dilutive.