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Net income (loss) per share
 12 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Net income (loss) per share
Net income (loss) per share
Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period, including potential dilutive common shares assuming the dilutive effect of outstanding stock options, restricted stock, and restricted stock units using the treasury-stock method.
The following table presents the calculation of basic and diluted net income (loss) per share (in thousands, except per share amounts):
 
 
 
Fiscal Year Ended June 30,
 
 
2014
 
2013
 
2012
Income (loss) from continuing operations, net of tax
 
$
(29,524
)
 
$
5,581

 
$
31,806

Income from discontinued operations, net of tax
 
—

 
7,486

 
602

Net income (loss)
 
$
(29,524
)
 
$
13,067

 
$
32,408

 
 
 
 
 
 
 
Shares used in computing net income (loss) per share:
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
Weighted average common shares used in computing basic net income (loss) per share
 
38,796

 
40,310

 
41,406

Diluted:
 
 
 
 
 
 
Weighted average common shares used in computing basic net income (loss) per share
 
38,796

 
40,310

 
41,406

Add weighted average effect of dilutive securities:
 
 
 
 
 
 
Stock options
 
—

 
1,517

 
2,538

Restricted common stock and restricted stock units
 
—

 
92

 
—

Weighted average common shares used in computing diluted net income (loss) per share
 
38,796

 
41,919

 
43,944

 
 
 
 
 
 
 
Net income (loss) per share:
 
 
 
 
 
 
Basic income (loss) per share:
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
(0.76
)
 
$
0.14

 
$
0.77

Income from discontinued operations
 
—

 
0.18

 
0.01

Net income (loss)
 
$
(0.76
)
 
$
0.32

 
$
0.78

Diluted income (loss) per share:
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
(0.76
)
 
$
0.13

 
$
0.72

Income from discontinued operations
 
—

 
0.18

 
0.02

Net income (loss)
 
$
(0.76
)
 
$
0.31

 
$
0.74



The following outstanding shares subject to options, restricted common stock and restricted stock units were excluded from the computation of diluted net income (loss) per common share for the periods presented because including them would have had an antidilutive effect (in thousands):

 
 
Fiscal Year Ended June 30,
 
 
2014
 
2013
 
2012
Stock options
 
5,697

 
4,876

 
1,271

Restricted common stock and restricted stock units
 
4,791

 
406

 
—

Total
 
10,488

 
5,282

 
1,271