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Earnings Per Share
 6 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (“EPS”) (share amounts in thousands):
 
Three months ended March 31,
 
Six months ended March 31,
 
2016
 
2015
 
2016
 
2015
Net loss from continuing operations attributable to controlling interest
$
(19.9
)
 
$
(236.9
)
 
$
(8.8
)
 
$
(360.4
)
Net (loss) income from discontinued operations attributable to controlling interest
(14.9
)
 
8.6

 
(59.9
)
 
22.3

Net loss attributable to controlling interest
$
(34.8
)
 
$
(228.3
)
 
$
(68.7
)
 
$
(338.1
)
 
 
 
 
 
 
 
 
Participating common shares at end of period
198,521

 
196,672

 
198,521

 
196,672

 
 
 
 
 
 
 
 
Net loss attributable to common shares - basic and diluted
$
(34.8
)
 
$
(228.3
)
 
$
(68.7
)
 
$
(338.1
)
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
198,521

 
196,860

 
198,076

 
197,583

Weighted-average shares outstanding - diluted
198,521

 
196,860

 
198,076

 
197,583

 
 
 
 
 
 
 
 
Net loss per common share attributable to controlling interest:
 
 
 
 
 
 
 
Basic loss from continuing operation
$
(0.10
)
 
$
(1.20
)
 
$
(0.05
)
 
$
(1.82
)
Basic (loss) income from discontinued operations
(0.08
)
 
0.04

 
(0.30
)
 
0.11

Basic
$
(0.18
)
 
$
(1.16
)
 
$
(0.35
)
 
$
(1.71
)
 
 
 
 
 
 
 
 
Diluted loss from continuing operation
$
(0.10
)
 
$
(1.20
)
 
$
(0.05
)
 
$
(1.82
)
Diluted (loss) income from discontinued operations
(0.08
)
 
0.04

 
(0.30
)
 
0.11

Diluted
$
(0.18
)
 
$
(1.16
)
 
$
(0.35
)
 
$
(1.71
)
The number of shares of common stock outstanding used in calculating the weighted average thereof reflects the actual number of HRG common stock outstanding, excluding unvested restricted stock.
The following were excluded from the calculation of “diluted net loss per common share attributable to controlling interest” because the as-converted effect of the unvested restricted stock and stock units, stock options and warrants would have been anti-dilutive (share amounts in thousands):
 
Three months ended March 31,
 
Six months ended March 31,
 
2016
 
2015
 
2016
 
2015
Unvested restricted stock and restricted stock units
1,501

 
3,092

 
2,130

 
2,861

Stock options
1,040

 
1,316

 
1,172

 
1,393

Out of the money warrants
1,800

 
3,000

 
1,800

 
3,000