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Net Income (Loss) Per Share
 12 Months Ended
Dec. 31, 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 years ended December 31, 2014, 2013. and 2012, were as follows:

 
Year Ended December 31,
 
2014
 
2013
 
2012
 
(in thousands, except per share data)
Numerators:
 
 
 
 
 
Net income (loss) from continuing operations
$
(24,269
)
 
$
16,391

 
$
22,179

Non-controlling interest
235

 
156

 
22

Net income (loss) from continuing operations attributable to Steel Excel Inc.
$
(24,034
)
 
$
16,547

 
$
22,201

 
 
 
 
 
 
Income (loss) from discontinued operations
$
506

 
$
(5,540
)
 
$
(1,935
)
Non-controlling interest
(279
)
 
3,188

 
427

Income (loss) from discontinued operations attributable to Steel Excel Inc.
$
227

 
$
(2,352
)
 
$
(1,508
)
 
 
 
 
 
 
Net income (loss) attributable to Steel Excel Inc.
$
(23,807
)
 
$
14,195

 
$
20,693

 
 
 
 
 
 
Denominators:
 
 
 
 
 
Basic weighted average common shares outstanding
11,678

 
12,584

 
12,110

Effect of dilutive securities - stock-based awards
—

 
18

 
23

Diluted weighted average common shares outstanding
11,678

 
12,602

 
12,133

 
 
 
 
 
 
Basic income (loss) per share attributable to Steel Excel Inc.:
 
 
 
 
 
Net income (loss) from continuing operations
$
(2.06
)
 
$
1.31

 
$
1.83

Income (loss) from discontinued operations, net of taxes
$
0.02

 
$
(0.19
)
 
$
(0.12
)
Net income (loss)
$
(2.04
)
 
$
1.13

 
$
1.71

 
 
 
 
 
 
Diluted income (loss) per share attributable to Steel Excel Inc.:
 
 
 
 
 
Net income (loss) from continuing operations
$
(2.06
)
 
$
1.31

 
$
1.83

Income (loss) from discontinued operations, net of taxes
$
0.02

 
$
(0.19
)
 
$
(0.12
)
Net income (loss)
$
(2.04
)
 
$
1.13

 
$
1.71



The number of shares used in the calculation of diluted earnings (loss) per share for the year ended December 31, 2014, excluded 20,000 incremental shares related to stock options and restricted stock. Such incremental shares were excluded from the calculation of diluted earnings (loss) per share due to their anti-dilutive effect.