XML 101 R21.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income (Loss) per Share
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Income (Loss) per Share

15. 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,

 

 

 

2014

 

 

2013

 

 

2012

 

Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

(37,582

)

 

$

(25,669

)

 

$

12,703

 

Income (loss) from discontinued operations

 

 

14,026

 

 

 

234,728

 

 

 

10,286

 

Net income (loss) attributable to Actua Corporation

 

$

(23,556

)

 

$

209,059

 

 

$

22,989

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations per share

 

$

(1.01

)

 

$

(0.70

)

 

$

0.35

 

Income (loss) from discontinued operations per share

 

 

0.38

 

 

 

6.42

 

 

 

0.29

 

Net income (loss) attributable to Actua Corporation per share

 

$

(0.63

)

 

$

5.72

 

 

$

0.64

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations per share

 

$

(1.01

)

 

$

(0.70

)

 

$

0.35

 

Income (loss) from discontinued operations per share

 

 

0.38

 

 

 

6.42

 

 

 

0.28

 

Net income (loss) attributable to Actua Corporation per share

 

$

(0.63

)

 

$

5.72

 

 

$

0.63

 

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

 

 

37,130

 

 

 

36,536

 

 

 

35,890

 

Incremental Diluted Shares Impact:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

-

 

 

 

-

 

 

 

41

 

SARs

 

 

-

 

 

 

-

 

 

 

546

 

Restricted stock

 

 

-

 

 

 

-

 

 

 

40

 

DSUs

 

 

-

 

 

 

-

 

 

 

26

 

Shares used in the computation of

 

 

 

 

 

 

 

 

 

 

 

 

diluted income (loss) per share

 

 

37,130

 

 

 

36,536

 

 

 

36,543

 

 

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

Per Share Price

 

Year ended December 31, 2014

 

 

 

 

 

 

 

 

Stock options

 

 

250

 

 

$

4.30

 

SARs

 

 

548,482

 

 

$

10.72

 

Restricted stock (1)

 

 

3,755,275

 

 

$

-

 

DSUs

 

 

22,500

 

 

$

-

 

Year ended December 31, 2013

 

 

 

 

 

 

 

 

Stock options

 

 

-

 

 

$

-

 

SARs

 

 

28

 

 

$

12.47

 

Restricted stock (1)

 

 

748

 

 

$

8.22

 

DSUs

 

 

0

 

 

$

-

 

Year ended December 31, 2012

 

 

 

 

 

 

 

 

Stock options

 

 

2

 

 

$

15.80

 

SARs

 

 

2,201

 

 

$

8.03

 

Restricted stock (1)

 

 

1,195

 

 

$

9.18

 

DSUs

 

 

-

 

 

$

-

 

 

(1) 

Anti-dilutive securities include contingently issuable shares unvested as of December 31, 2014, the vesting of which is based on performance conditions and market conditions that have not yet been achieved. See Note 12, “Equity-Based Compensation.”