Earnings Per Share

12 Months Ended

Jun. 27, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Note 4. Earnings Per Share

The following table sets forth the computation of basic and diluted net (loss) income per share (in millions, except per share data):

	Years Ended
	June 27, 2015			June 28, 2014		June 29, 2013
Numerator:
Net (loss) income	$	(3.4	)	$	10.7	$	6.5
Denominator:
Basic and diluted weighted average shares	58.8			58.8		58.8
Basic and diluted net (loss) income per share	$	(0.06	)	$	0.18	$	0.11

Basic net (loss) income per share is computed by dividing net (loss) income (the numerator) by the weighted average number of common shares outstanding (the denominator). The denominator for basic earnings per share for the periods presented is based on the number of shares of Lumentum common stock outstanding as of August 1, 2015, the Separation date. The same number of shares was used to calculate diluted earnings per share since no Lumentum equity awards were outstanding prior to the Separation.