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Net Income (Loss) per Share (Tables)
 12 Months Ended
Dec. 31, 2013
Calculations of Net Income (Loss) Per Share

The calculations of net income (loss) per share were as follows (in thousands, except per share data):

 

 

  

Year Ended December 31,

 

 

  

2013

 

  

2012

 

  

2011

 

Basic and Diluted:

  

 

 

 

  

 

 

 

  

 

 

 

Income (loss) from continuing operations

  

$

(25,669

)  

  

$

12,703

  

  

$

10,682

  

Income (loss) from discontinued operations

  

 

234,728

  

  

 

10,286

  

  

 

16,884

  

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

  

$

209,059

  

  

$

22,989

  

  

$

27,566

  

 

Basic:

  

 

 

 

  

 

 

 

  

 

 

 

Income (loss) from continuing operations per share

  

$

(0.70

)  

  

$

0.35

  

  

$

0.29

  

Income (loss) from discontinued operations per share

  

 

6.42

  

  

 

0.29

  

  

 

0.46

  

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

  

$

5.72

  

  

$

0.64

  

  

$

0.75

  

 

Diluted:

  

 

 

 

  

 

 

 

  

 

 

 

Income (loss) from continuing operations per share

  

$

(0.70

)  

  

$

0.35

  

  

$

0.29

  

Income (loss) from discontinued operations per share

  

 

6.42

  

  

 

0.28

  

  

 

0.45

  

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

  

$

5.72

  

  

$

0.63

  

  

$

0.74

  

 

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

  

 

36,536

  

  

 

35,890

  

  

 

36,656

  

Incremental Diluted Shares Impact:

  

 

 

 

  

 

 

 

  

 

 

 

Stock options

  

 

—

  

  

 

41

  

  

 

84

  

SARs

  

 

—

  

  

 

546

  

  

 

683

  

Restricted stock

  

 

—

  

  

 

40

  

  

 

20

  

DSUs

  

 

—

  

  

 

26

  

  

 

17

  

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

  

 

36,536

  

  

 

36,543

  

  

 

37,460

  

 
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
(in thousands)

 

  

Weighted Average
Price per Share

 

Year ended December 31, 2013

  

 

 

 

  

 

 

 

SARs

  

 

28

  

  

$

12.47

  

Restricted stock (1)

  

 

748

  

  

$

8.22

  

 

Year ended December 31, 2012

  

 

 

 

  

 

 

 

SARs

  

 

655

  

  

$

10.98

  

Restricted stock (1)

  

 

762

  

  

$

8.08

  

 

Year ended December 31, 2011

  

 

 

 

  

 

 

 

SARs

  

 

2,201

  

  

$

8.03

  

Stock options

  

 

2

  

  

$

15.80

  

Restricted stock (1)

  

 

1,195

  

  

$

9.18

  

(1) 

Anti-dilutive securities include contingently issuable shares unvested as of December 31, 2013, the vesting of which is based on performance conditions and market conditions that have not yet been achieved. See Note 12, “Equity-Based Compensation.”