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Quarterly Data (Unaudited)
 12 Months Ended
Jun. 30, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Data (Unaudited)

NOTE 19. QUARTERLY DATA (UNAUDITED)

 

 

 

For the three months ended

 

 

 

September 30,

 

 

December 31,

 

 

March 31,

 

 

June 30,

 

 

 

(in millions, except per share amounts)

 

FISCAL 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

2,667

 

 

$

3,778

 

 

$

3,440

 

 

$

2,418

 

Net income attributable to Fox Corporation stockholders(a)

 

$

499

 

 

$

300

 

 

$

78

 

 

$

122

 

Net income attributable to Fox Corporation stockholders per share - basic

 

$

0.80

 

 

$

0.49

 

 

$

0.13

 

 

$

0.20

 

Net income attributable to Fox Corporation stockholders - diluted

 

$

0.80

 

 

$

0.48

 

 

$

0.13

 

 

$

0.20

 

Stock prices(b)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A - High

 

$

37.82

 

 

$

37.57

 

 

$

39.34

 

 

$

32.48

 

Class A - Low

 

$

31.44

 

 

$

30.06

 

 

$

20.20

 

 

$

22.30

 

Class B - High

 

$

37.85

 

 

$

36.80

 

 

$

38.58

 

 

$

31.68

 

Class B - Low

 

$

31.44

 

 

$

30.04

 

 

$

19.81

 

 

$

21.57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FISCAL 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

2,541

 

 

$

3,583

 

 

$

2,752

 

 

$

2,513

 

Net income attributable to Fox Corporation stockholders(a)

 

$

604

 

 

$

8

 

 

$

529

 

 

$

454

 

Net income attributable to Fox Corporation stockholders per share - basic and diluted(c)

 

$

0.97

 

 

$

0.01

 

 

$

0.85

 

 

$

0.73

 

Stock prices(b)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A - High

 

$

-

 

 

$

-

 

 

$

41.70

 

 

$

39.40

 

Class A - Low

 

$

-

 

 

$

-

 

 

$

36.40

 

 

$

34.01

 

Class B - High

 

$

-

 

 

$

-

 

 

$

41.02

 

 

$

38.74

 

Class B - Low

 

$

-

 

 

$

-

 

 

$

35.67

 

 

$

33.68

 

 

(a)

See Note 5—Inventories, net and Note 21—Additional Financial Information under the heading “Other, net” for details of infrequent items recorded during the fiscal year. In addition, the Company recorded impairment and restructuring charges of $442 million, or $0.73 per basic and diluted share, during the fourth quarter of fiscal 2020 (See Note 4—Restructuring Programs for additional information).

(b)

The stock prices reflect the reported high and low sales prices for the Class A Common Stock and Class B Common Stock, as reported on Nasdaq under the symbols “FOXA” and “FOX,” respectively, since March 13, 2019, the date that the Company’s Common Stock began "when-issued" trading.

(c)

For all periods presented that ended prior to the date of the Distribution, 621 million shares have been utilized for the calculation of basic and diluted earnings per share as no shares of common stock or equity-based awards of the Company were outstanding prior to that date (See Note 2—Summary of Significant Accounting Policies under the heading “Earnings per share” for additional information).