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Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2013
Calculations of Net Income (Loss) Per Share

The calculations of net income (loss) per share were:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2013

 

 

2012

 

 

2013

 

 

2012

 

 

(in thousands, except per share data)

 

Basic and Diluted:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Income (loss) from continuing operations

$

(7,516

)

 

$

  20,125

 

 

$

(26,809

)

 

$

  2,205

 

Income (loss) from discontinued operations

 

  4,184

 

 

 

  1,216

 

 

 

  35,687

 

 

 

  6,122

 

Net income (loss) attributable to ICG Group, Inc.

$

(3,332

) 

  

$

  21,341

 

 

$

  8,878

 

  

$

  8,327

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Income (loss) from continuing operations per share

$

(0.21

)

  

$

  0.57

 

 

$

(0.74

)

  

$

  0.06

 

Income (loss) from discontinued operations per share             

 

  0.12

 

 

 

  0.03

 

 

 

  0.98

 

 

 

  0.17

 

Net income (loss) attributable to ICG Group, Inc. per share

$

(0.09

)

  

$

  0.60

 

 

$

  0.24

 

  

$

  0.23

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

  

 

 

 

 

 

 

 

  

 

 

 

Income (loss) from continuing operations per share

$

(0.21

)

  

$

  0.56

 

 

$

(0.74

)

  

$

  0.06

 

Income (loss) from discontinued operations per share

 

  0.12

 

 

 

  0.03

 

 

 

  0.98

 

 

 

  0.17

 

Net income (loss) attributable to ICG Group, Inc. per share

$

(0.09

)

  

$

  0.59

 

 

$

  0.24

 

  

$

  0.23

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computation of basic income (loss) per share

 

  36,303

 

  

 

  35,650

  

 

 

  36,494

 

  

 

  35,907

  

SARs

 

—

 

 

 

  511

 

 

 

—

 

 

 

  425

 

Stock options

 

—

 

 

 

  52

 

 

 

—

 

 

 

  55

 

Restricted stock

 

—

 

 

 

  39

 

 

 

—

 

 

 

  25

 

DSUs

 

—

 

 

 

  21

 

 

 

—

 

 

 

  23

 

Shares used in the computation of diluted income (loss) per share

 

  36,303

 

 

 

  36,273

 

 

 

  36,494

 

 

 

  36,435

 

 
Potentially Dilutive Securities Not Included in Computation of Diluted Net Loss Per Share

The following potentially dilutive securities were not included in the computation of diluted net loss per share, as their effect would have been anti-dilutive:

 

 

Units

 

  

Weighted Average

Price per Share

 

Three months ended September 30, 2013

 

 

 

  

 

 

 

SARs             

 

  3,956,542

  

  

$

  7.82

  

Stock options             

 

  1,750

  

  

$

  6.91

  

Restricted stock (1)             

 

  1,228,778

  

  

$

—

 

DSUs             

 

  29,250

  

  

$

—

  

 

 

 

 

 

 

 

 

Nine months ended September 30, 2013

 

 

 

  

 

 

 

SARs             

 

  3,956,542

  

  

$

  7.82

  

Stock options             

 

  1,750

  

  

$

  6.91

  

Restricted stock (1)             

 

  1,228,778

  

  

$

—

  

DSUs             

 

  29,250

  

  

$

—

  

 

 

 

 

 

 

 

 

Three months ended September 30, 2012

 

 

 

  

 

 

 

SARs             

 

  797,475

  

  

$

  10.59

  

Stock options             

 

—

  

  

$

—

  

Restricted stock (1)             

 

  811,553

  

  

$

—

  

DSUs             

 

—

  

  

$

—

  

 

 

 

 

 

 

 

 

Nine months ended September 30, 2012

 

 

 

  

 

 

 

SARs             

 

  797,475

  

  

$

  10.59

  

Stock options             

 

—

  

  

$

—

  

Restricted stock (1)             

 

  811,553

  

  

$

—

  

DSUs             

 

—

  

  

$

—

  

(1)              Anti-dilutive securities include contingently issuable shares unvested as of September 30, 2013 and 2012, the vesting of which is based on performance conditions and market conditions that have not yet been achieved. See Note 10, “Equity-Based Compensation.”