Loss Per Share (Tables)

9 Months Ended

Sep. 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 as if the Reverse Split occurred on December 31, 2011:

	ThreeMonthsEndedSeptember30,							NineMonthsEndedSeptember30,
(Dollars in thousands, except per share amounts)	2013			2012				2013				2012
Loss from continuing operations	$	(5,687	)	$	(2,166	)	$		(9,721	)	$		(4,683	)
Loss from discontinued operations, net of income taxes		(172	)		(462	)			(827	)			(3,082	)
Net loss		(5,859	)		(2,628	)			(10,548	)			(7,765	)
Loss attributable to noncontrolling interest		—			—				—				—
Net loss attributable to Signature Group Holdings, Inc.	$	(5,859	)	$	(2,628	)	$		(10,548	)	$		(7,765	)
Weighted average basic and diluted shares outstanding		11,883,605			11,632,828				11,843,526				11,545,766
Basic and diluted loss per share:
Continuing operations	$	(0.48	)	$	(0.19	)	$		(0.82	)	$		(0.40	)
Discontinued operations		(0.01	)		(0.04	)			(0.07	)			(0.27	)
Basic and diluted loss per share	$	(0.49	)	$	(0.23	)	$		(0.89	)	$		(0.67	)

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 nine months ended September30, 2013 and 2012, as if the Reverse Split occurred on December 31, 2011, had they not been anti-dilutive:

	ThreeMonthsEndedSeptember30,					NineMonthsEndedSeptember30,
	2013		2012			2013			2012
Average market price of Signature common stock	$	11.89	$	3.56	$		7.76	$		3.18
Anti-dilutive common stock equivalents:
Unvested restricted stock		275,151		99,421			233,483			67,640
Common stock options		514,924		2,718			215,406			400
Warrants		636,628		—			175,925			—
Total anti-dilutive common stock equivalents		1,426,703		102,139			624,814			68,040