For Fiscal Year Ended June 30,

(In thousands, except share and per share data)

2022

2021

2020

Numerator:

Net loss

$

(231,620)

$

(363,475)

$

(33,366)

Net income allocated to participating securities for the Warrants

—

Interest expenses applicable to the Convertible Notes, net of tax

—

Amortization of debt issuance costs applicable to the Convertible Notes, net of tax

—

Adjusted "if-converted" net loss

$

(231,620)

$

(363,475)

$

(33,366)

Denominator:

Basic weighted average common shares outstanding

40,350,522

39,391,589

38,592,618

Effect of potentially dilutive options and restricted stock awards

—

Effect of conversion of the Convertible Notes

—

Effect of participating securities for the Warrants

—

Diluted weighted average common shares outstanding

40,350,522

39,391,589

38,592,618

Loss per common share:

Basic

$

(5.74)

$

(9.23)

$

(0.86)

Diluted

$

(5.74)

$

(9.23)

$

(0.86)