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Net Income (Loss) per Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Net Income (Loss) per Share

13. Net Income (Loss) per Share

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

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

 

 

 

 

 

(in thousands, except per share data)

 

 

 

 

 

Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

$

(13,106

)

 

$

(8,022

)

 

$

(37,513

)

 

$

(28,473

)

Income (loss) from discontinued operations

 

2,426

 

 

 

4,690

 

 

$

3,789

 

 

 

37,351

 

Net income (loss) attributable to Actua Corporation

$

(10,680

)

 

$

(3,332

)

 

$

(33,724

)

 

$

8,878

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations per share

$

(0.35

)

 

$

(0.22

)

 

$

(1.01

)

 

$

(0.78

)

Income (loss) from discontinued operations per share

 

0.06

 

 

 

0.13

 

 

 

0.10

 

 

 

1.02

 

Net income (loss) attributable to Actua Corporation per share

$

(0.29

)

 

$

(0.09

)

 

$

(0.91

)

 

$

0.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

37,335

 

 

 

36,303

 

 

 

37,248

 

 

 

36,494

 

 

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

 

 

(in thousands)

 

 

Price per Share

 

Three months ended September 30, 2014

 

 

 

 

 

 

 

Stock options

 

250

 

 

$

4.30

 

SARs

 

906,865

 

 

$

9.09

 

Restricted stock (1)

 

3,810,734

 

 

$

-

 

DSUs

 

22,500

 

 

$

-

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2014

 

 

 

 

 

 

 

Stock options

 

250

 

 

$

4.30

 

SARs

 

906,865

 

 

$

9.09

 

Restricted stock (1)

 

3,810,734

 

 

$

-

 

DSUs

 

22,500

 

 

$

-

 

 

 

 

 

 

 

 

 

Three months ended September 30, 2013

 

 

 

 

 

 

 

Stock options

 

1,750

 

 

$

6.91

 

SARs

 

3,956,542

 

 

$

7.82

 

Restricted stock (1)

 

1,228,778

 

 

$

-

 

DSUs

 

29,250

 

 

$

-

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2013

 

 

 

 

 

 

 

Stock options

 

1,750

 

 

$

6.91

 

SARs

 

3,956,542

 

 

$

7.82

 

Restricted stock (1)

 

1,228,778

 

 

$

-

 

DSUs

 

29,250

 

 

$

-

 

(1) 

Anti-dilutive securities include contingently issuable shares unvested as of September 30, 2014, the vesting of which is based on performance conditions and market conditions that have not yet been achieved. See Note 10, “Equity-Based Compensation.”