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Net Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2015
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, 2015 and 2014, were as follows:

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
(Revised)
 
 
 
(Revised)
 
(in thousands, except per share data)
Numerators:
 
 
 
 
 
 
 
Net income (loss)
$
(10,463
)
 
$
7,657

 
$
(18,076
)
 
$
9,624

Non-controlling interest
(73
)
 
11

 
290

 
337

Net income (loss) attributable to Steel Excel Inc.
$
(10,536
)
 
$
7,668

 
$
(17,786
)
 
$
9,961

 
 
 
 
 
 
 
 
Denominators:
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
11,572

 
11,895

 
11,524

 
11,938

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock-based awards
—

 
22

 
—

 
20

Diluted weighted average common shares outstanding
11,572

 
11,917

 
11,524

 
11,958

 
 
 
 
 
 
 
 
Basic income (loss) per share attributable to Steel Excel Inc.:
 
 
 
 
 
 
 
Net income (loss)
$
(0.91
)
 
$
0.64

 
$
(1.54
)
 
$
0.83

 
 
 
 
 
 
 
 
Diluted income (loss) per share attributable to Steel Excel Inc.:
 
 
 
 
 
 
 
Net income (loss)
$
(0.91
)
 
$
0.64

 
$
(1.54
)
 
$
0.83


The number of shares used in the calculation of diluted earnings (loss) per share for the three and six months ended June 30, 2015, excluded 15,000 incremental shares related to restricted stock awards.  Such incremental shares were excluded from the calculation of diluted earnings (loss) per share in each period due to their anti-dilutive effect on the loss from continuing operations.