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Net Income (Loss) Per Share
 9 Months Ended
Sep. 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 nine months ended September 30, 2015 and 2014, were as follows:

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
(Revised)
 
 
 
(Revised)
 
(in thousands, except per share data)
Numerators:
 
 
 
 
 
 
 
Net income (loss)
$
(14,263
)
 
$
75

 
$
(32,339
)
 
$
9,699

Non-controlling interest
(211
)
 
(238
)
 
79

 
99

Net income (loss) attributable to Steel Excel Inc.
$
(14,474
)
 
$
(163
)
 
$
(32,260
)
 
$
9,798

 
 
 
 
 
 
 
 
Denominators:
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
11,421

 
11,437

 
11,489

 
11,769

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock-based awards
—

 
—

 
—

 
21

Diluted weighted average common shares outstanding
11,421

 
11,437

 
11,489

 
11,790

 
 
 
 
 
 
 
 
Basic income (loss) per share attributable to Steel Excel Inc.:
 
 
 
 
 
 
 
Net income (loss)
$
(1.27
)
 
$
(0.01
)
 
$
(2.81
)
 
$
0.83

 
 
 
 
 
 
 
 
Diluted income (loss) per share attributable to Steel Excel Inc.:
 
 
 
 
 
 
 
Net income (loss)
$
(1.27
)
 
$
(0.01
)
 
$
(2.81
)
 
$
0.83


The number of shares used in the calculation of diluted earnings (loss) per share for the three and nine months ended September 30, 2015, excluded 15,000 incremental shares related to restricted stock awards.  The number of shares used in the calculation of diluted earnings (loss) per share for the three months ended September 30, 2014, excluded 23,000 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.