NET INCOME ATTRIBUTABLE TO COTY INC. PER COMMON SHARE

6 Months Ended

Dec. 31, 2015

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 December 31,				Six Months Ended December 31,
	2015		2014		2015		2014
	(in millions, except per share data)
Net income attributable to Coty Inc.	$	89.0	$	125.4	$	214.7	$	136.0
Weighted-average common shares outstanding—Basic	345.0		353.4		352.5		353.8
Effect of dilutive stock options and Series A Preferred Stock^(a)	6.3		7.4		6.5		7.9
Effect of restricted stock and RSUs ^(b)	3.0		1.8		3.0		1.8
Weighted-average common shares outstanding—Diluted	354.3		362.6		362.0		363.5
Net income attributable to Coty Inc. per common share:
Basic	$	0.26	$	0.35	$	0.61	$	0.38
Diluted	0.25		0.35		0.59		0.37

^(a)

For the three and six months ended December 31, 2015, outstanding stock options and Series A Preferred Stock with purchase or conversion rights to 3.0 million and 3.3 million shares of common stock, respectively, were excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. For the three and six months ended December 31, 2014, no options were excluded in the computation of EPS.


^(b)	For the three and six months ended December 31, 2015, less than 0.1 million RSUs outstanding were excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. Forthe three and six months ended December 31, 2014, 0.1 million and 0.8 million RSUs outstanding, respectively, were excluded from the computation of diluted EPS as their inclusion would be anti-dilutive.