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Net Loss Per Share Attributable To Gaiam, Inc. Common Shareholders
6 Months Ended
Jun. 30, 2015
Net Loss Per Share Attributable To Gaiam, Inc. Common Shareholders

6. Net Loss per Share Attributable To Gaiam, Inc. Common Shareholders

Basic net loss per share attributable to Gaiam, Inc. common shareholders excludes any dilutive effects of options. We compute basic net loss per share attributable to Gaiam, Inc. common shareholders using the weighted average number of shares of common stock outstanding during the period. We compute diluted net loss per share attributable to Gaiam, Inc. common shareholders using the weighted average number of shares of common stock and common stock equivalents outstanding during the period. We excluded common stock equivalents of 985,000 and 659,000 from the computation of diluted net loss per share attributable to Gaiam, Inc. common shareholders for the three months ended June 30, 2015 and 2014, respectively, and 987,000 and 1,531,000 for the six months ended June 30, 2015 and 2014, respectively, because their effect was antidilutive.

The following table sets forth the computation of basic and diluted net loss per share attributable to Gaiam, Inc. common shareholders:

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 

(in thousands, except per share data)

   2015     2014     2015     2014  

Net loss attributable to Gaiam, Inc. common shareholders:

        

Income (loss) from continuing operations

   $ 4      $ (2,390   $ (3,422   $ (4,550

(Loss) income from discontinued operations

     (1,121     2        (1,587     28   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss attributable to Gaiam, Inc.

   $ (1,117   $ (2,388   $ (5,009   $ (4,522
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares for basic net loss per share

     24,511        24,090        24,501        24,048   
  

 

 

   

 

 

   

 

 

   

 

 

 

Effect of dilutive securities

     99        —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares for diluted net loss per share

     24,610        24,090        24,501        24,048   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per share attributable to Gaiam, Inc. common shareholders—basic and diluted:

        

Income (loss) from continuing operations

   $ 0.00      $ (0.10   $ (0.14   $ (0.19

(Loss) income from discontinued operations

   $ (0.05   $ 0.00      $ (0.06   $ 0.00   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic and diluted net loss per share attributable to Gaiam, Inc.

   $ (0.05   $ (0.10   $ (0.20   $ (0.19
  

 

 

   

 

 

   

 

 

   

 

 

 

During the three and six months ended June 30, 2014, we recognized gains on the sales of investments (see Note 3) of $1.0 million and $1.5 million, respectively. Excluding the impact of these gains, net loss per share for the three and six months ended June 30, 2014 would have increased by $0.04 and $0.06 per share, respectively. There were no similar gains recognized in 2015.