Net Income (Loss) Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Basic net income (loss) attributable to Steel Excel per share of common stock is computed by dividing net income (loss) attributable to Steel Excel by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per share attributable to Steel Excel 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 years ended December 31, 2013, 2012. and 2011, were as follows:

	Fiscal Year Ended December 31,
	2013			2012			2011
	(in thousands, except per share data)
Numerators:
Net income from continuing operations	$	16,391		$	22,179		$	68
Non-controlling interest	156			22			—
Net income from continuing operations attributable to Steel Excel Inc.	$	16,547		$	22,201		$	68
Income (loss) from discontinued operations	$	(5,540	)	$	(1,935	)	$	6,629
Non-controlling interest	3,188			427			72
Loss from discontinued operations attributable to Steel Excel Inc.	$	(2,352	)	$	(1,508	)	$	6,701
Net income attributable to Steel Excel Inc.	$	14,195		$	20,693		$	6,769
Denominators:
Basic weighted average common shares outstanding	12,584			12,110			10,882
Effect of dilutive securities - stock-based awards	18			23			15
Diluted weighted average common shares outstanding	12,602			12,133			10,897
Basic income (loss) per share attributable to Steel Excel Inc.:
Net income from continuing operations	$	1.31		$	1.83		$	0.01
Income (loss) from discontinued operations, net of taxes	$	(0.19	)	$	(0.12	)	$	0.62
Net income	$	1.13		$	1.71		$	0.62
Diluted income (loss) per share attributable to Steel Excel Inc.:
Net income from continuing operations	$	1.31		$	1.83		$	0.01
Income (loss) from discontinued operations, net of taxes	$	(0.19	)	$	(0.12	)	$	0.61
Net income	$	1.13		$	1.71		$	0.62