Loss Per Common Share (Tables)

6 Months Ended

Dec. 31, 2022

Loss Per Common Share

Reconciliation of basic and diluted loss per common share

	Three Months Ended
	December 31,
(In thousands, except share and per share data)	2022		2021
Numerator:
Net loss	$	(36,308)	$	(81,085)
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	$	(36,308)	$	(81,085)
Denominator:
Basic weighted average common shares outstanding		41,170,839		40,358,127
Effect of potentially dilutive options, restricted stock awards and performance-based shares		—		—
Effect of conversion of the Convertible Notes		—		—
Effect of participating securities for the Warrants		—		—
Diluted weighted average common shares outstanding		41,170,839		40,358,127
Loss per common share:
Basic	$	(0.88)	$	(2.01)
Diluted	$	(0.88)	$	(2.01)

	Six Months Ended
	December 31,
(In thousands, except share and per share data)	2022		2021
Numerator:
Net loss	$	(64,327)	$	(103,427)
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	$	(64,327)	$	(103,427)
Denominator:
Basic weighted average common shares outstanding		41,056,607		40,142,974
Effect of potentially dilutive options, restricted stock awards and performance-based shares		—		—
Effect of conversion of the Convertible Notes		—		—
Effect of participating securities for the Warrants		—		—
Diluted weighted average common shares outstanding		41,056,607		40,142,974
Loss per common share:
Basic	$	(1.57)	$	(2.58)
Diluted	$	(1.57)	$	(2.58)