EARNINGS PER SHARE

9 Months Ended

Mar. 31, 2018

EARNINGS PER SHARE

EARNINGS PER SHARE

(2) EARNINGS PER SHARE

Basic earnings per share attributable to the Company’s common shareholders is computed by dividing net earnings attributable to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share attributable to common shareholders presents the dilutive effect, if any, on a per share basis of potential common shares (such as restricted stock units) as if they had been vested or converted during the periods presented.

The Company’s computation of diluted income per share for the three and nine months ended March 31, 2018 included an adjustment of 1.6 million and 1.4 million shares, respectively, and for the three and nine months ended March 31, 2017 included an adjustment of 2.0 million and 1.4 million shares, respectively, to the basic weighted-average shares to account for the dilutive effect of the Part A and Part B restricted stock units (“RSUs”) and related issuance of common shares upon vesting (see Note 9 – Stock-based Compensation) (calculated using the treasury method).