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Net income (loss) per share
 9 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Net income (loss) per share
Net income (loss) per share
Basic income (loss) per share is calculated by dividing income (loss) by the weighted-average number of common shares outstanding for the period. Diluted income (loss) per share is computed by dividing 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 and restricted stock units using the treasury-stock method.
The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share amounts):
 
 
 
Three Months Ended March 31,
 
Nine Months Ended
March 31,
 
 
2020
 
2019
 
2020
 
2019
Income (loss) from continuing operations
 
$
(733
)
 
$
(5,534
)
 
$
12,361

 
$
(15,737
)
Loss on discontinued operations
 
—

 
(1,947
)
 
(4,042
)
 
(3,895
)
Net income (loss)
 
$
(733
)
 
$
(7,481
)
 
$
8,319

 
$
(19,632
)
Shares used to compute basic income (loss) per share
 
47,902

 
45,585

 
48,053

 
45,347

Dilutive potential common shares:
 
 
 
 
 
 
 
 
Stock options
 
—

 
—

 
50

 
—

Restricted stock units
 
—

 
—

 
909

 
—

Employee stock purchase plan
 
—

 
—

 
10

 
—

Shares used to compute diluted income (loss) per share
 
47,902

 
45,585

 
49,022

 
45,347

Basic income (loss) per share:
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
(0.02
)
 
$
(0.12
)
 
$
0.26

 
$
(0.35
)
Loss on discontinued operations
 
—

 
(0.04
)
 
(0.08
)
 
(0.09
)
Net income (loss)
 
$
(0.02
)
 
$
(0.16
)
 
$
0.17

 
$
(0.43
)
Diluted income (loss) per share:
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
(0.02
)
 
$
(0.12
)
 
$
0.25

 
$
(0.35
)
Loss on discontinued operations
 
—

 
(0.04
)
 
(0.08
)
 
(0.09
)
Net income (loss)
 
$
(0.02
)
 
$
(0.16
)
 
$
0.17

 
$
(0.43
)
 
 
 
 
 
 
 
 
 
Potential common stock equivalents not included in the calculation of diluted income per share as the effect would be anti-dilutive
 
—

 
—

 
1,748

 
—

 
 
 
 
 
 
 
 
 


A total of 1,300,000 outstanding performance-based restricted stock units, as described further in Note 9, were excluded from the diluted shares calculation above because they are contingently issuable and none of the performance milestones had been met.