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Basic and Diluted Income (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Basic Income (Loss) Per Common Share to Diluted Income (Loss) Per Common Share

A calculation of basic income (loss) per common share to diluted income (loss) per common share is set forth below (in thousands, except per share amounts):

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2014     2013     2014     2013  

Income (loss) from continuing operations attributable to HC2 Holdings, Inc.

   $ (3,788   $ 2,920      $ (7,968   $ (2,671

Income (loss) from discontinued operations

     27        (607     44        1,772   

Gain (loss) from sale of discontinued operations

     —          135,045        (784     135,045   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) – basic

   $ (3,761   $ 137,358      $ (8,708   $ 134,146   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) – diluted

   $ (3,761   $ 137,358      $ (8,708   $ 134,146   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares outstanding – basic

     16,905        13,972        15,780        13,941   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares outstanding – diluted

     16,905        14,436        15,780        13,941   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic income (loss) per common share:

        

Income (loss) from continuing operations attributable to HC2 Holdings, Inc.

   $ (0.22   $ 0.21      $ (0.50   $ (0.19

Income (loss) from discontinued operations

     —          (0.04     —          0.12   

Gain (loss) from sale of discontinued operations

     —          9.66        (0.05     9.69   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) attributable to HC2 Holdings, Inc.

   $ (0.22   $ 9.83      $ (0.55   $ 9.62   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income (loss) per common share:

        

Income (loss) from continuing operations attributable to HC2 Holdings, Inc.

   $ (0.22   $ 0.20      $ (0.50   $ (0.19

Income (loss) from discontinued operations

     —          (0.04     —          0.12   

Gain (loss) from sale of discontinued operations

     —          9.35        (0.05     9.69   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) attributable to HC2 Holdings, Inc.

   $ (0.22   $ 9.51      $ (0.55   $ 9.62