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(Loss) Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2020
(Loss) Earnings Per Share [Abstract]  
Income From Continuing Operations And Share Data Used In Basic And Diluted Earnings Per Share Computations

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

 

 

 

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

(in thousands except

 

 

 

(in thousands except

 

 

 

 

 

 

 

 

 

 

percent and

 

 

 

percent and

 

 

 

 

 

 

 

 

 

 

per share data)

 

 

 

per share data)

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Net1

 

$

(4,534)

 

 

$

(205)

 

 

$

(33,492)

 

 

$

(4,597)

 

 

 

 

Undistributed (loss) earnings

 

 

(4,534)

 

 

 

(205)

 

 

 

(33,492)

 

 

 

(4,597)

 

 

 

 

 

 

Continuing

 

 

(4,534)

 

 

 

(2,925)

 

 

 

(33,492)

 

 

 

(10,252)

 

 

 

 

 

 

Discontinued

 

$

-

 

 

$

2,720

 

 

$

-

 

 

$

5,655

 

 

 

 

Percent allocated to common shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Calculation 1)

 

 

99%

 

 

 

99%

 

 

 

99%

 

 

 

99%

 

 

 

 

Numerator for (loss) earnings per share: basic and diluted

 

 

(4,508)

 

 

 

(202)

 

 

 

(33,098)

 

 

 

(4,549)

 

 

 

 

 

 

Continuing

 

 

(4,508)

 

 

 

(2,894)

 

 

 

(33,098)

 

 

 

(10,146)

 

 

 

 

 

 

Discontinued

 

 

-

 

 

 

2,692

 

 

 

-

 

 

 

5,597

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic (loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

weighted-average common shares outstanding

 

 

56,317

 

 

 

55,985

 

 

 

56,211

 

 

 

55,985

 

 

 

 

 

 

Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion

 

 

56,317

 

 

 

55,985

 

 

 

56,211

 

 

 

55,985

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.08)

 

 

$

-

 

 

$

(0.59)

 

 

$

(0.08)

 

 

 

 

 

 

Continuing

 

$

(0.08)

 

 

$

(0.05)

 

 

$

(0.59)

 

 

$

(0.18)

 

 

 

 

 

 

Discontinued

 

$

-

 

 

$

0.05

 

 

$

-

 

 

$

0.10

 

 

 

 

Diluted

 

$

(0.08)

 

 

$

-

 

 

$

(0.59)

 

 

$

(0.08)

 

 

 

 

 

 

Continuing

 

$

(0.08)

 

 

$

(0.05)

 

 

$

(0.59)

 

 

$

(0.18)

 

 

 

 

 

 

Discontinued

 

$

-

 

 

$

0.05

 

 

$

-

 

 

$

0.10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Calculation 1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding (A)

 

 

56,317

 

 

 

55,985

 

 

 

56,211

 

 

 

55,985

 

 

 

 

Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)

 

 

56,641

 

 

 

56,568

 

 

 

56,880

 

 

 

56,568

 

 

 

 

Percent allocated to common shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(A) / (B)

 

 

99%

 

 

 

99%

 

 

 

99%

 

 

 

99%