XML 98 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
NET INCOME ATTRIBUTABLE TO COTY INC. PER COMMON SHARE
 9 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Net Income Attributable To Coty Inc. Per Common Share
NET INCOME ATTRIBUTABLE TO COTY INC. PER COMMON SHARE

Reconciliation between the numerators and denominators of the basic and diluted EPS computations is presented below:
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
 
2014
 
2013
 
2014
 
2013
 
(in millions, except per share data)
Net (loss) income attributable to Coty Inc.
$
(253.3
)
 
$
20.4

 
$
(77.3
)
 
$
230.3

Weighted-average common shares outstanding—Basic
384.0

 
382.8

 
384.1

 
381.2

Effect of dilutive stock options (a)
—

 
12.4

 
—

 
13.1

Effect of restricted stock and RSUs (b)
—

 
1.5

 
—

 
2.4

Weighted-average common shares outstanding—Diluted
$
384.0

 
$
396.7

 
$
384.1

 
$
396.7

Net (loss) income attributable to Coty Inc. per common share:
 
 
 
 
 
 
 
Basic
$
(0.66
)
 
$
0.05

 
$
(0.20
)
 
$
0.60

Diluted
(0.66
)
 
0.05

 
(0.20
)
 
0.58

 
 
(a) 
For the three and nine months ended March 31, 2013, outstanding options to purchase 8.8 million shares of Common Stock are excluded from the computation of diluted EPS as their inclusion would be anti-dilutive.
(b) 
For the three and nine months ended March 31, 2013, there are no anti-dilutive RSUs excluded from the computation of diluted EPS as their inclusion would be anti-dilutive.

Due to the net loss incurred during the three and nine months ended March 31, 2014, no stock options or restricted stock units are included in the computation of diluted loss per share.