Earnings Per Common Share

12 Months Ended

Jun. 30, 2020

(9) EARNINGS PER COMMON SHARE

The following table sets forth the computation of basic and diluted loss per common share (in thousands, except per share amounts):

	Fiscal Year Ended June 30,
	2020			2019			2018
Net loss	$	(166,328	)	$	(12,440	)	$	(21,938	)
Less: Income to participating securities		—			—			—
Net loss attributable to common shares	$	(166,328	)	$	(12,440	)	$	(21,938	)
Weighted average common shares outstanding—basic		45,208			44,719			44,282
Effect of dilutive stock equivalents		—			—			—
Weighted average common shares outstanding—dilutive		45,208			44,719			44,282
Net loss per common share—basic	$	(3.68	)	$	(0.28	)	$	(0.50	)
Net loss per common share—diluted	$	(3.68	)	$	(0.28	)	$	(0.50	)

For the years ended June 30, 2020, 2019 and 2018, all options representing the rights to purchase shares were not included in the diluted loss per share calculations, because the assumed exercise of such options would have been anti-dilutive.