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Noncontrolling Interest | 12 Months Ended
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Jun. 30, 2014
Noncontrolling Interest [Abstract] |
Noncontrolling Interest | (3) Noncontrolling Interest In January 2010, restricted shares of Astrotech subsidiaries, 1 st Detect and Astrogenetix, were granted to certain employees, directors and officers (see Note 10), resulting in Astrotech owning less than 100% of the subsidiaries. The Company applied non-controlling interest accounting for the fiscal years ended June 30, 2014 and 2013, which requires us to clearly identify the non-controlling interest in the consolidated balance sheets and consolidated income statements. We disclose three measures of net loss: net loss, net loss attributable to noncontrolling interest, and net loss attributable to Astrotech Corporation. Our operating cash flows in our consolidated statements of cash flows reflect net loss, while our basic and diluted earnings per share calculations reflect net loss attributable to Astrotech Corporation. During June 2014, the Company completed an internal reorganization involving both 1st Detect and Astrogenetix which resulted in the two entities becoming wholly-owned subsidiaries of the Company, and which was effected through the relinquishment by certain employees of equity grants previously issued to them in 1st Detect and Astrogenetix, and through the filing of Certificates of Ownership and Merger pursuant to Section 253 of the General Corporation Law of the State of Delaware by Detect Merger Sub Corporation and AG Merger Sub, Inc., which were wholly-owned subsidiaries of the Company prior to the effective time of such mergers, and which owned at least 90% of the outstanding shares of voting stock of 1st Detect and Astrogenetix, respectively. The relinquishment resulted in approximately $39,000 of incremental stock-based compensation expense and approximately $22,000 of reimbursements to employees of the Company. Further and as a result, the noncontrolling interest of $1.1 million for these entities was reclassified into additional paid in capital. The remaining noncontrolling interest balance of $1.8 million at June 30, 2014 represents an interest held by the State of Texas Emerging Technology Fund which is more fully disclosed in Note 15.
(in thousands) |  | 2014 |  |  | 2013 |
Beginning balance |  | $ | 2,788 |  |  | $ | 2,730 |
Net loss attributable to noncontrolling interest |  |  | (908 | ) |  |  | (538 | )
Capital Contribution |  |  | 1,000 |  |  |  | 596 |
Stock-based compensation expense |  |  | 6 |  |  |  | — |
Change in interest of subsidiaries |  |  | (1,086 | ) |  |  | — |
Ending balance |  | $ | 1,800 |  |  | $ | 2,788 |
The capital contribution is made by the Company in order to fund the net losses of the noncontrolling interest. From July 1, 2013 to June 11, 2014, the Company’s share of income and losses was 86% for 1st Detect and 84% for Astrogenetix. Subsequent to June 11, 2014, 100% of income and losses of 1st Detect and Astrogenetix was included in the net loss attributable to Astrotech Corporation. The effect of the change in our ownership interest in 1st Detect and Astrogenetix on our equity is as follows.
|  | 2014 |  | 2013
Net loss attributable to Astrotech Corporation shareholders |  | $ | (4,960 | ) |  | $ | (185 | )
Transfers from noncontrolling interest: |  |  |  |  |  |  |  |
Increase in Astrotech Corporations paid-in capital for relinquishment of subsidiary stock |  |  | 1,086 |  |  |  | — |
Change from net loss attributable to Astrotech Corporation shareholders and transfers from noncontrolling interest |  | $ | (3,874 | ) |  | $ | (185 | )

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- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684 + Details
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