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Net Income (Loss) Per Share
6 Months Ended
Jun. 30, 2014
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 three and six months ended June 30, 2014 and 2013, were as follows:

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(in thousands, except per share data)
Numerators:
 
 
 
 
 
 
 
Net income from continuing operations
$
8,732

 
$
1,080

 
$
12,797

 
$
4,449

Non-controlling interest
11

 
36

 
337

 
56

Net income from continuing operations attributable to Steel Excel Inc.
$
8,743

 
$
1,116

 
$
13,134

 
$
4,505

 
 
 
 
 
 
 
 
Loss from discontinued operations, net of taxes
$

 
$
(194
)
 
$

 
$
(589
)
Non-controlling interest

 
149

 

 
465

Loss from discontinued operations, net of taxes, attributable to Steel Excel Inc.
$

 
$
(45
)
 
$

 
$
(124
)
 
 
 
 
 
 
 
 
Net income attributable to Steel Excel Inc.
$
8,743

 
$
1,071

 
$
13,134

 
$
4,381

 
 
 
 
 
 
 
 
Denominators:
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
11,895

 
12,718

 
11,938

 
12,796

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock-based awards
22

 
16

 
20

 
16

Diluted weighted average common shares outstanding
11,917

 
12,734

 
11,958

 
12,812

 
 
 
 
 
 
 
 
Basic income (loss) per share attributable to Steel Excel Inc.:
 
 
 
 
 
 
 
Net income from continuing operations
$
0.74

 
$
0.09

 
$
1.10

 
$
0.35

Loss from discontinued operations, net of taxes
$

 
$

 
$

 
$
(0.01
)
Net income
$
0.74

 
$
0.08

 
$
1.10

 
$
0.34

 
 
 
 
 
 
 
 
Diluted income (loss) per share attributable to Steel Excel Inc.:
 
 
 
 
 
 
 
Net income from continuing operations
$
0.73

 
$
0.09

 
$
1.10

 
$
0.35

Loss from discontinued operations, net of taxes
$

 
$

 
$

 
$
(0.01
)
Net income
$
0.73

 
$
0.08

 
$
1.10

 
$
0.34