XML 75 R65.htm IDEA: XBRL DOCUMENT v3.22.2.2
Earnings (Loss) Per Share - Computation of Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Numerator    
Net earnings (loss) $ (38,698) $ 74,464
Deduct Series A preferred stock dividends (35,577) (17,082)
Net Earnings (Loss) available to the Common Shareholders (74,275) 57,382
Add back interest on Convertible Notes (net of tax) 0 502
Diluted earnings (loss) available to common shareholders $ (74,275) $ 57,884
Denominator    
Weighted average shares (in shares) 133,280 105,761
Effect of dilutive securities:    
Common stock equivalents (in shares) 0 2,758
II-VI Convertible Notes (in shares) 0 7,330
Diluted weighted average common shares (in shares) 133,280 115,849
Basic earnings (loss) per common share (in usd per share) $ (0.56) $ 0.54
Diluted earnings (loss) per common share (in usd per share) $ (0.56) $ 0.50
Deduct Series A preferred stock dividends    
Numerator    
Deduct Series A preferred stock dividends $ (6,900) $ (6,900)
Deduct Series B dividends and deemed dividends    
Numerator    
Deduct Series A preferred stock dividends (27,477) (9,704)
Deduct Series B dividends and deemed dividends $ (28,677) $ (10,182)