XML 51 R36.htm IDEA: XBRL DOCUMENT v3.20.1
Preferred and Common Stockholder's Equity (Tables)
9 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Summary of Common Shares Issued and Outstanding

Common shares issued and outstanding

 

 

 

Nine months ended

 

 

Year ended

 

 

 

March 31,

 

 

June 30,

 

 

 

2020

 

 

2019

 

Beginning common stock issued and outstanding

 

 

73.5

 

 

 

70.6

 

Common stock issued upon exercise of options and employee

   stock plans

 

 

1.0

 

 

 

4.5

 

Repurchase and retirement of common stock

 

 

 

 

 

(1.6

)

Common stock issued and outstanding at end of period

 

 

74.5

 

 

 

73.5

 

 

Reconciliation of Denominators of Basic and Diluted Earnings Per Share Computations

The following is a reconciliation of the denominators of the basic and diluted earnings per share (“EPS”) computations:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

    used to compute basic EPS

 

 

74.5

 

 

 

73.3

 

 

 

74.2

 

 

 

73.5

 

Effect of dilutive shares

 

 

 

 

 

1.6

 

 

 

 

 

 

2.9

 

Weighted-average shares outstanding and

    dilutive securities used to compute

    diluted EPS

 

 

74.5

 

 

 

74.9

 

 

 

74.2

 

 

 

76.4

 

 

Schedule of Anti-Dilutive Options and Restricted Stock Units Excluded from EPS Computation These potential dilutive common shares, which may be dilutive to future diluted earnings per share, are as follows:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Anti-dilutive options and RSU's excluded from EPS computation

 

 

0.4

 

 

 

1.0

 

 

 

0.9

 

 

 

0.7

 

Schedule of Stock Repurchases The shares retired, aggregate common stock and additional paid-in capital reductions, and related charges to accumulated deficit for the repurchases for three and nine months ended March 31, 2020 and 2019 were as follows:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Shares purchased and retired

 

 

 

 

 

 

 

 

 

 

 

1.6

 

Common stock and additional paid-in-capital reductions

 

$

 

 

$

 

 

$

 

 

$

16.9

 

Charges to retained earnings

 

$

 

 

$

 

 

$

 

 

$

33.1