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

3 Months Ended

Sep. 30, 2019

Reconciliation of numerators and denominators of basic and diluted EPS computations

Reconciliation between the numerators and denominators of the basic and diluted income per share (“EPS”) computations is presented below:



	Three Months Ended September 30,
	2019		2018
	(in millions, except per share data)
Net income (loss) attributable to Coty Inc.	$	52.3	$	(12.1	)
Weighted-average common shares outstanding—Basic	754.2		750.8
Effect of dilutive stock options and Series A/A-1 Preferred Stock^(a)	1.1		—
Effect of restricted stock and RSUs ^(b)	3.6		—
Weighted-average common shares outstanding—Diluted	758.9		750.8
Net income (loss) attributable to Coty Inc. per common share:
Basic	$	0.07	$	(0.02	)
Diluted	0.07		(0.02		)

^(a)

For the three months ended September 30, 2019, outstanding stock options and Series A/A-1 Preferred Stock with purchase or conversion rights to purchase 24.3 million shares of Common Stock were excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. For the three months ended September 30, 2018, outstanding stock options and Series A/A-1 Preferred Stock with purchase or conversion rights to purchase shares of Common Stock were excluded in the computation of diluted loss per share due to the net loss incurred during the period.

^(b)

For the three months ended September 30, 2019, there were 0.6 million anti-dilutive RSUs excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. For the three months ended September 30, 2018, RSUs were excluded in the computation of diluted loss per share due to the net loss incurred during the period.