LOSS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2013

Computation of Basic and Diluted Loss Per Share

The following table sets forth the computation of basic and diluted loss per share for the periods indicated:


	Three Months Ended June 30,						Six Months Ended June 30,
(Dollars in thousands, except per share amounts)	2013			2012			2013			2012
Loss from continuing operations	$	(1,873	)	$	(3,155	)	$	(4,035	)	$	(2,516	)
Loss from discontinued operations, net of income taxes		(51	)		(735	)		(655	)		(2,620	)

Net loss		(1,924	)		(3,890	)		(4,690	)		(5,136	)
Loss attributable to noncontrolling interest		—			—			—			—

Net loss attributable to Signature Group Holdings, Inc.	$	(1,924	)	$	(3,890	)	$	(4,690	)	$	(5,136	)


Weighted average basic and diluted shares outstanding		118,325,427			115,651,953			118,231,543			115,019,975

Basic and diluted loss per share:
Continuing operations	$	(0.02	)	$	(0.03	)	$	(0.03	)	$	(0.02	)
Discontinued operations		—			(0.01	)		(0.01	)		(0.02	)

Basic and diluted loss per share	$	(0.02	)	$	(0.04	)	$	(0.04	)	$	(0.04	)

Average Market Price of Common Stock and the Incremental Shares that Included in Diluted Shares Outstanding

The following table provides details on the average market price of Signature common stock and the incremental shares that would have been included in the diluted shares outstanding computation for the three and six months ended June 30, 2013 and 2012, had they not been anti-dilutive:


	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Average market price of Signature common stock	$	0.65	$	0.31	$	0.56	$	0.30
Anti-dilutive common stock equivalents:
Unvested restricted stock		2,190,388		798,606		1,838,624		535,226
Common stock options		740,975		3,592		322,524		—
Warrants		—		—		—		—

Total anti-dilutive common stock equivalents		2,931,363		802,198		2,161,148		535,226