XML 24 R17.htm IDEA: XBRL DOCUMENT v3.20.1
Loss Per Share
9 Months Ended
Mar. 29, 2020
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
The details of the computation of basic and diluted loss per share are as follows:
 Three months endedNine months ended
(in millions of U.S. Dollars, except share data)March 29, 2020March 31, 2019March 29, 2020March 31, 2019
Net loss from continuing operations($61.4) ($22.3) ($151.7) ($23.3) 
Net income attributable to noncontrolling interest0.2  0.1  0.5  0.1  
Loss from continuing operations attributable to controlling interest(61.6) (22.4) (152.2) (23.4) 
Net loss from discontinued operations—  (205.4) —  (218.0) 
Net loss attributable to controlling interest($61.6) ($227.8) ($152.2) ($241.4) 
Weighted average shares - basic and diluted (in thousands)108,115  103,659  107,718  102,807  
Loss per share - basic and diluted:
Continuing operations attributable to controlling interest($0.57) ($0.22) ($1.41) ($0.23) 
Discontinued operations$—  ($1.98) $—  ($2.12) 
Diluted net loss per share is the same as basic net loss per share for the periods presented due to potentially dilutive items being anti-dilutive given the Company's net loss.
For the three and nine months ended March 29, 2020, 5.2 million and 5.5 million of weighted average shares were excluded from the calculation of diluted loss per share because their effect would be anti-dilutive. For the three and nine months ended March 31, 2019, 9.1 million and 9.8 million of weighted average shares were excluded from the calculation of diluted loss per share because their effect would be anti-dilutive.
Future earnings per share of the Company are also subject to dilution from conversion of its convertible notes under certain conditions as described in Note 9, “Long-term Debt.”