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Earnings Per Share
 6 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
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,
 
2017
 
2016
 
2017
 
2016
Net (loss) income from continuing operations attributable to controlling interest
$
(21.3
)
 
$
24.5

 
$
(46.8
)
 
$
2.7

Net (loss) income from discontinued operations attributable to controlling interest
(60.8
)
 
(49.2
)
 
176.9

 
(61.3
)
Net (loss) income attributable to controlling interest
$
(82.1
)
 
$
(24.7
)
 
$
130.1

 
$
(58.6
)
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
199,981

 
198,521

 
199,579

 
198,068

Dilutive effect of unvested restricted stock and restricted stock units
—

 
1,501

 
—

 
2,130

Dilutive effect of stock options
—

 
1,040

 
—

 
1,172

Weighted-average shares outstanding - diluted
199,981

 
201,062

 
199,579

 
201,370

 
 
 
 
 
 
 
 
Net (loss) income per common share attributable to controlling interest:
 
 
 
 
 
 
 
Basic (loss) income from continuing operations
$
(0.11
)
 
$
0.12

 
$
(0.23
)
 
$
0.01

Basic (loss) income from discontinued operations
(0.30
)
 
(0.24
)
 
0.88

 
(0.31
)
Basic
$
(0.41
)
 
$
(0.12
)
 
$
0.65

 
$
(0.30
)
 
 
 
 
 
 
 
 
Diluted (loss) income from continuing operations
$
(0.11
)
 
$
0.12

 
$
(0.23
)
 
$
0.01

Diluted (loss) income from discontinued operations
(0.30
)
 
(0.24
)
 
0.88

 
(0.30
)
Diluted
$
(0.41
)
 
$
(0.12
)
 
$
0.65

 
$
(0.29
)
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.
The following were excluded from the calculation of “Diluted net income (loss) per common share attributable to controlling interest” because the as-converted effect of the unvested restricted stock and stock units, stock options and warrants would have been anti-dilutive (share amounts in thousands):
 
Three months ended March 31,
 
Six months ended March 31,
 
2017
 
2016
 
2017
 
2016
Unvested restricted stock and restricted stock units
393

 
—

 
846

 
—

Stock options
1,820

 
—

 
1,708

 
—

Anti-dilutive warrants
235

 
—

 
177

 
—

For the three and six months ended March 31, 2016, there were 1.8 million outstanding warrants to purchase HRG common stock at an exercise price of $13.125 per share that were excluded from the calculation of “Diluted net income (loss) per common share attributable to controlling interest” because the exercise price per share was above the average stock price for the three and six months ended March 31, 2016.