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(Loss) Earnings Per Share (Tables)
12 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted (Loss) Earnings Per Share

 

 

     For the fiscal years ended June 30,  
         2015             2014             2013      
     (in millions, except per share amounts)  

Net (loss) income attributable to News Corporation stockholders

   $ (147   $ 239      $ 506   

Redeemable preferred stock dividends(a)

     (2     (2     —     
  

 

 

   

 

 

   

 

 

 

Net (loss) income available to News Corporation stockholders—basic and diluted

   $ (149   $ 237      $ 506   
  

 

 

   

 

 

   

 

 

 

Weighted-average number of shares of common stock outstanding—basic

     581.0        579.0        578.8   

Dilutive effect of equity awards(b)

     —          0.7        0.6   
  

 

 

   

 

 

   

 

 

 

Weighted-average number of shares of common stock outstanding—diluted

     581.0        579.7        579.4   
  

 

 

   

 

 

   

 

 

 

Net (loss) income per share available to News Corporation stockholders—basic

   $ (0.26   $ 0.41      $ 0.87   

Net (loss) income per share available to News Corporation stockholders—diluted

   $ (0.26   $ 0.41      $ 0.87   

 

(a) 

Refer to Note 9Redeemable Preferred Stock

(b) 

The dilutive impact of the Company’s PSUs, RSUs and stock options have been excluded from the calculation of diluted (loss) earnings per share for the fiscal year ended June 30, 2015 because their inclusion would have an antidilutive effect on the net loss per share.