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Earnings per Share (Tables)
6 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the components of earnings per share:
 
Three Months Ended
 
Six Months Ended
 
December 31,
 
December 31,

2019

2018
 
2019
 
2018
Net earnings from continuing operations attributable to CDK
$
68.0

 
$
70.7

 
$
144.3

 
$
145.2

Net earnings (loss) from discontinued operations
(45.7
)
 
18.3

 
(40.0
)
 
34.1

Net earnings attributable to CDK
$
22.3

 
$
89.0

 
$
104.3

 
$
179.3







 
 
 
 
Weighted-average shares outstanding:





 
 
 
 
Basic
121.6


126.8

 
121.5

 
128.2

Effect of employee stock options
0.1


0.2

 
0.1

 
0.2

Effect of employee restricted stock
0.4


0.5

 
0.5

 
0.7

Diluted
122.1


127.5

 
122.1

 
129.1







 
 
 
 
Net earnings (loss) attributable to CDK per share - basic:
 
 
 
 
 
 
 
Continuing operations
$
0.56


$
0.56

 
$
1.19

 
$
1.13

Discontinued operations
(0.38
)
 
0.14

 
(0.33
)
 
0.27

Total net earnings attributable to CDK per share - basic
$
0.18

 
$
0.70

 
$
0.86

 
$
1.40

 
 
 
 
 
 
 
 
Net earnings (loss) attributable to CDK per share - diluted:
 
 
 
 
 
 
 
Continuing operations
$
0.55


$
0.56

 
$
1.18

 
$
1.13

Discontinued operations
(0.37
)
 
0.14

 
(0.33
)
 
0.26

Total net earnings attributable to CDK per share - diluted
$
0.18

 
$
0.70

 
$
0.85

 
$
1.39


Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share
The weighted-average number of shares outstanding used in the calculation of diluted earnings per share does not include the effect of the following anti-dilutive securities.
 
Three Months Ended
 
Six Months Ended
 
December 31,
 
December 31,
 
2019
 
2018
 
2019
 
2018
Stock-based awards
0.9

 
0.8

 
1.0

 
0.4