Annual report pursuant to Section 13 and 15(d)

(Loss) Earnings Per Share (Tables)

v2.4.0.8
(Loss) Earnings Per Share (Tables)
 12 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of (Loss) Earnings Per Share, Basic and Diluted
The following table summarizes the computation of basic and diluted (loss) earnings per share for the fiscal years ended:
 
June 30,
 
2013
 
2012
 
(In thousands, except share and per share amounts)
NET (LOSS) INCOME APPLICABLE TO MAGELLAN PETROLEUM CORPORATION
$
(19,767
)
 
$
26,498

Preferred stock dividend and accretion of preferred stock
(722
)
 
—

NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS
$
(20,489
)
 
$
26,498

 
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
49,642,083

 
53,592,958

Add: dilutive effects of stock options and unvested stock grants
—

 
448,269

Diluted weighted-average common shares outstanding
49,642,083

 
54,041,227

 
 
 
 
Basic net loss (earnings) per common share
$(0.41)
 
$0.49
Diluted net loss (earnings) per common share
$(0.41)
 
$0.49