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Earnings Per Share | 6 Months Ended
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Mar. 31, 2015
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share ("EPS") (share amounts in thousands):
| Three months ended March 31, |  | Six months ended March 31,
| 2015 |  | 2014 |  | 2015 |  | 2014
Net loss attributable to common and participating preferred stockholders | $ | (228.3 | ) |  | $ | (87.6 | ) |  | $ | (338.1 | ) |  | $ | (126.6 | )
Participating shares at end of period: |  |  |  |  |  |  |
Common shares outstanding | 196,672 |  |  | 142,801 |  |  | 196,672 |  |  | 142,801 |
Preferred shares (as-converted basis) | — |  |  | 59,134 |  |  | — |  |  | 59,134 |
Total | 196,672 |  |  | 201,935 |  |  | 196,672 |  |  | 201,935 |
Percentage of loss allocated to: |  |  |  |  |  |  |
Common shares | 100.0 | % |  | 100.0 | % |  | 100.0 | % |  | 100.0 | %
Preferred shares (a) | — | % |  | — | % |  | — | % |  | — | %
Net loss attributable to common shares - basic and diluted | $ | (228.3 | ) |  | $ | (87.6 | ) |  | $ | (338.1 | ) |  | $ | (126.6 | )
Weighted-average common shares outstanding - basic and diluted | 196,860 |  |  | 139,889 |  |  | 197,583 |  |  | 139,529 |
Net loss per common share attributable to controlling interest: |  |  |  |  |  |  |
Basic | $ | (1.16 | ) |  | $ | (0.63 | ) |  | $ | (1.71 | ) |  | $ | (0.91 | )
Diluted | $ | (1.16 | ) |  | $ | (0.63 | ) |  | $ | (1.71 | ) |  | $ | (0.91 | )
(a) | Losses are not allocated to the convertible participating preferred shares for the period that these shares were outstanding, since they have no contractual obligation to share in such losses.
The number of shares of common stock outstanding used in calculating the weighted average thereof reflects the actual number of HRG common stock outstanding, excluding unvested restricted stock. For the three and six months ended March 31, 2015, there were 3.1 million and 2.9 million, respectively weighted-average shares of the unvested restricted stock and stock units; 1.3 million and 1.4 million, respectively weighted-average shares of stock options; and 3.0 million weighted-average shares of the warrants that were excluded from the calculation of “diluted net loss per common share attributable to controlling interest” because the as-converted effect of the unvested restricted stock and stock units and stock options would have been anti-dilutive for the three and six months ended March 31, 2015. For the three and six months ended March 31, 2014, there were 59.1 million shares issuable upon the conversion of the Series A Participating Convertible Preferred Stock ("Series A Preferred Shares") and all of HRG's issued and outstanding Series A-2 Participating Convertible Preferred Stock ("Series A-2 Preferred Shares", together with the Series A Preferred Shares, the "Preferred Stock"); 3.4 million and 2.4 million, respectively weighted-average shares of the unvested restricted stock and stock units; and 1.4 million and 1.3 million; respectively, weighted-average shares of stock options that were excluded from the calculation of "diluted net loss per common share attributable to controlling interest" because the as-converted effect of the Preferred Stock, unvested restricted stock and stock units and stock options would have been anti-dilutive for the three and six months ended March 31, 2014. The Preferred Stock had a weighted average conversion price of $6.62 per share.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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