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Net income (loss) per share
12 Months Ended
Jun. 30, 2020
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 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):
 
 
 
Fiscal Year Ended June 30,
 
 
2020
 
2019
 
2018
Loss from continuing operations
 
$
3,112

 
$
(25,652
)
 
$
(37,430
)
Loss on discontinued operations
 
(4,042
)
 
(6,836
)
 
(3,404
)
Net loss
 
$
(930
)
 
$
(32,488
)
 
$
(40,834
)
 
 
 
 
 
 
 
Shares used to compute basic income (loss) per share
 
47,868

 
45,577

 
44,498

Dilutive potential common shares
 
 
 
 
 
 
Stock options
 
29

 

 

Restricted stock units
 
864

 

 

Shares used to compute diluted income per share
 
48,761

 
45,577

 
44,498

 
 
 
 
 
 
 
Basic income (loss) per share
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
0.07

 
$
(0.56
)
 
$
(0.84
)
Loss on discontinued operations
 
(0.08
)
 
(0.15
)
 
(0.08
)
Net loss
 
$
(0.02
)
 
$
(0.71
)
 
$
(0.92
)
Diluted income (loss) per share
 
 
 
 
 
 
Income (loss) from continuing operations
 
$
0.06

 
$
(0.56
)
 
$
(0.84
)
Loss on discontinued operations
 
(0.08
)
 
(0.15
)
 
(0.08
)
Net loss
 
$
(0.02
)
 
$
(0.71
)
 
$
(0.92
)


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

 
 
Fiscal Year Ended June 30,
 
 
2020
 
2019
 
2018
Stock options
 
1,638

 
3,409

 
5,116

Restricted stock units
 
2,476

 
2,637

 
3,068

Total
 
4,114

 
6,046

 
8,184



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.