NET INCOME ATTRIBUTABLE TO COTY INC. PER COMMON SHARE (Tables)

3 Months Ended

Sep. 30, 2016

Reconciliation of numerators and denominators of basic and diluted EPS computations

Reconciliation between the numerators and denominators of the basic and diluted EPS computations is presented below:



	Three Months Ended September 30,
	2016		2015
	(in millions, except per share data)
Net income attributable to Coty Inc.	$	—	$	125.7
Weighted-average common shares outstanding—Basic	336.3		360.0
Effect of dilutive stock options and Series A Preferred Stock^(a)	—		6.7
Effect of restricted stock and RSUs ^(b)	—		3.2
Weighted-average common shares outstanding—Diluted	336.3		369.9
Net income attributable to Coty Inc. per common share:
Basic	$	—	$	0.35
Diluted	—		0.34

^(a)

Due to a net income of nil for the three months ended September 30, 2016, outstanding stock options and Series A Preferred Stock with purchase or conversion rights to common stock were excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. For the three months ended September 30, 2015, outstanding stock options and Series A Preferred Stock with purchase or conversion rights to purchase 3.6 million options were excluded in the computation of EPS as their inclusion would be anti-dilutive.


^(b)	Due to a net income of nil for the for the three months ended September 30, 2016, outstanding RSUs were excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. For the three months ended September 30, 2015, no RSU were included in the computation of diluted loss per share as their inclusion would be anti-dilutive.