Three-Month Period Ended:

Six-Month Period Ended:

June 30, 2012

July 1, 2011

June 30, 2012

July 1, 2011

(in thousands), except per share amounts

Numerators (basic and diluted)

Income (loss) from continuing operations, net of taxes

$

2,242

$

(1,550

)

$

(226

)

$

267

Income from discontinued operations, net of taxes

$

-

$

6,830

$

-

$

6,830

Net income attributable to Steel Excel Inc.

$

2,242

$

5,280

$

354

$

7,097

Denominators

Basic weighted-average shares outstanding

11,588

10,881

11,240

10,881

Effect of dilutive securities:

Stock-based awards

17

14

17

10

Diluted weighted-average shares outstanding

11,605

10,895

11,257

10,891

Net (loss) income per share:

Basic

Income (loss) from continuing operations, net of taxes

$

0.19

$

(0.14

)

$

(0.02

)

$

0.02

Income from discontinued operations, net of taxes

$

-

$

0.63

$

-

$

0.63

Net income attributable to Steel Excel Inc.

$

0.19

$

0.49

$

0.03

$

0.65

Diluted

Income (loss) from continuing operations, net of taxes

$

0.19

$

(0.14

)

$

(0.02

)

$

0.02

Income from discontinued operations, net of taxes

$

-

$

0.63

$

-

$

0.63

Net income attributable to Steel Excel Inc.

$

0.19

$

0.48

$

0.03

$

0.65