The following table summarizes the computation of earnings per share for the three months ended June 30, 2013 and 2012, respectively.



	Three Months Ended
	June 30,
(in thousands, except per share data)	2013				2012
BASIC LOSS
Net loss attributable to Alliance One International, Inc.	$	(36,862	)		$	(30,743	)

SHARES
Weighted average number of shares outstanding	87,473				87,192

BASIC LOSS PER SHARE	$	(.42	)		$	(.35	)

DILUTED LOSS
Net loss attributable to Alliance One International, Inc.	$	(36,862	)		$	(30,743	)
Plus interest expense on 5 1/2% convertible notes, net of tax	—			*	—			*
Net loss attributable to Alliance One International, Inc. as adjusted	$	(36,862	)		$	(30,743	)

SHARES
Weighted average number of common shares outstanding	87,473				87,192
Plus: Restricted shares issued and shares applicable to stock options and restricted stock units, net of shares assumed to be purchased from proceeds at average market price	—			*	—			*
Assuming conversion of 5 1/2% convertible notes at the time of issuance	—			*	—			*
Shares applicable to stock warrants	—			**	—			**
Adjusted weighted average number of common shares outstanding	87,473				87,192
DILUTED LOSS PER SHARE	$	(.42	)		$	(.35	)

* Assumed conversion of convertible notes at the beginning of the period has an antidilutive effect on earnings per share. All outstanding restricted shares and shares applicable to stock options and restricted stock units are excluded because their inclusion would have an antidilutive effect on the loss per share.
** For the three months ended June 30, 2013 and 2012, the warrants were not assumed exercised because the exercise price was more than the average price for the periods presented.