Home Shopping Network 2008 Annual Report Download - page 58

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HSN, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
55
The following table presents our basic and diluted earnings per share (in thousands, except per share data):
2008
2007
2006
Net (loss) income:
(Loss) income from continuing operations
$(2,387,478)
$ 105,233
$ 133,532
(Loss) income from discontinued operations
(3,410)
59,571
(10,715)
Net (loss) income $(2,390,888) $ 164,804 $ 122,817
Weighted average number of shares outstanding:
Basic
56,208
56,206
56,206
Dilutive effect of non-cash compensation awards
-
443
443
Diluted
56,208
56,649
56,649
Net (loss) income per share - basic:
Continuing operations
$ (42.48)
$ 1.87
$ 2.38
Discontinued operations
(0.06)
1.06
(0.19)
Net (loss) income $ (42.54) $ 2.93 $ 2.19
Net (loss) income per share - diluted:
Continuing operations
$ (42.48)
$ 1.86
$ 2.36
Discontinued operations
(0.06)
1.05
(0.19)
Net (loss) income
$ (42.54)
$ 2.91
$ 2.17
6,318 5,242 5,242
Year Ended December 31,
Unexercised employee stock options and stock appreciation
rights and unvested restricted stock units excluded from the
diluted EPS calculation because their effect would have been
antidilutive