Net Income (Loss) Per Share

6 Months Ended

Jun. 30, 2013

EarningsPerShareTextBlockAbstract

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Basic net income (loss) per share of common stock is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per share gives effect to all potentially dilutive common shares outstanding during the period.

Amounts used in the calculation of basic and diluted net income (loss) per share of common stock for the three- and six-month periods ended June 30, 2013 and 2012, were as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
	2013		2012			2013		2012
	(in thousands, except per share data)
Numerators:
Net income from continuing operations	$	886	$	17,430		$	3,860	$	17,310
Non-controlling interest	185		—			521		—
Net income from continuing operations attributable to Steel Excel Inc.	$	1,071	$	17,430		$	4,381	$	17,310
Loss from discontinued operations, net of taxes	$	—	$	(121	)	$	—	$	(2,470	)
Non-controlling interest	$	—	$	—		$	—	$	580
Loss from discontinued operations, net of taxes, attributable to Steel Excel Inc.	$	—	$	(121	)	$	—	$	(1,890	)
Net income attributable to Steel Excel Inc.	$	1,071	$	17,309		$	4,381	$	15,420
Denominators:
Basic weighted average common shares outstanding	12,718		11,588			12,796		11,240
Effect of dilutive securities:
Stock-based awards	16		17			16		17
Diluted weighted average common shares outstanding	12,734		11,605			12,812		11,257
Basic income (loss) per share attributable to Steel Excel Inc.:
Net income from continuing operations	$	0.08	$	1.50		$	0.34	$	1.54
Loss from discontinued operations, net of taxes	$	—	$	(0.01	)	$	—	$	(0.17	)
Net income	$	0.08	$	1.49		$	0.34	$	1.37
Diluted income (loss) per share attributable to Steel Excel Inc.:
Net income from continuing operations	$	0.08	$	1.50		$	0.34	$	1.54
Loss from discontinued operations, net of taxes	$	—	$	(0.01	)	$	—	$	(0.17	)
Net income	$	0.08	$	1.49		$	0.34	$	1.37