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Net Income (Loss) per Share
 6 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Income (Loss) per Share

(6) Net Income (Loss) per Share

 

Basic net income per share is computed on the basis of the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is computed based on the weighted average number of common shares outstanding plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method and the if-converted method. Dilutive potential common shares include outstanding stock options and share-based awards. The following table reconciles the numerators and denominators used in the computations of both basic and diluted net income per share (in thousands, except per share data):

 

    Three Months Ended 
December 31,		     Six Months Ended 
December 31,		  
    2014     2013     2014     2013  
Numerator:                                
Amounts attributable to Astrotech Corporation, basic and diluted:                                
Loss from continuing operations, net of tax   $ (2,238 )   $ (1,515 )   $ (3,510 )   $ (2,442 )
Income (loss) from discontinued operations, net of tax     (184 )     (1,039 )     24,371       1,141  
Net (loss) income attributable to Astrotech Corporation     (2,422 )     (2,554 )     20,861       (1,301 )
State of Texas deemed dividend (Note 11)     —       —       (531 )     —  
Net (loss) income attributable to Astrotech Corporation applicable to common shareholders   $ (2,422 )   $ (2,554 )   $ 20,330     $ (1,301 )
                                 
Denominator:                                
Denominator for basic net income (loss) per share attributable to Astrotech Corporation — weighted average common stock outstanding     19,637       19,479       19,593       19,476  
Dilutive common stock equivalents — common stock options and share-based awards     —       —       —       —  
Denominator for diluted net income (loss) per share attributable to Astrotech Corporation — weighted average common stock outstanding and dilutive common stock equivalents     19,637       19,479       19,593       19,476  
                                 
Basic and diluted net income (loss) per common share:                                
Net loss attributable to Astrotech Corporation from continuing operations   $ (0.11 )   $ (0.08 )   $ (0.20 )   $ (0.13 )
Net (loss) income from discontinued operations     (0.01 )     (0.05 )     1.24       0.06  
Net (loss) income attributable to Astrotech Corporation applicable to common shareholders   $ (0.12 )   $ (0.13 )   $ 1.04     $ (0.07 )

 

Options to purchase 1,018,750 shares of common stock at exercise prices ranging from $0.32 to $2.60 per share outstanding for the three and six months ended December 31, 2014 were not included in diluted net loss per share, as the inclusion of the potential common shares would have had an anti-dilutive effect on the loss from continuing operations.