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Earnings Per Share
 3 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted (loss) earnings per share:
 
Three Months Ended September 30,
 
2018

2017
Numerator:
 
 
 
Net (loss) income from continuing operations
$
(23,101
)
 
$
18,613

Net (loss) income from discontinued operations, net of tax
(14,324
)
 
1,233

Net (loss) income
$
(37,425
)
 
$
19,846

 
 
 
 
Denominator:
 
 
 
Basic weighted average shares outstanding
103,962

 
103,709

Effect of dilutive stock options, unvested restricted stock and unvested restricted share units
—

 
767

Diluted weighted average shares outstanding
103,962

 
104,476

 
 
 
 
Basic net (loss) income per common share:
 
 
 
Continuing operations
$
(0.22
)
 
$
0.18

Discontinued operations
(0.14
)
 
0.01

Basic net (loss) income per common share
$
(0.36
)
 
$
0.19

 
 
 
 
Diluted net (loss) income per common share:
 
 
 
Continuing operations
$
(0.22
)
 
$
0.18

Discontinued operations
(0.14
)
 
0.01

Diluted net (loss) income per common share
$
(0.36
)
 
$
0.19



Basic (loss) earnings per share excludes the dilutive effects of stock options, unvested restricted stock and unvested restricted share units. Due to our net loss in three months ended September 30, 2018, all common stock equivalents such as stock options and unvested restricted stock awards have been excluded from the computation of diluted net loss per share because the effect would have been anti-dilutive to the computations.  Diluted earnings per share in the three months ended September 30, 2017 includes the dilutive effects of common stock equivalents such as stock options and unvested restricted stock awards.
 
There were 267 and 573 stock-based awards excluded from our diluted earnings per share calculations for the three months ended September 30, 2018 and 2017, respectively, as such awards were contingently issuable based on market or performance conditions, and such conditions had not been achieved during the respective periods.

There were 317 restricted stock awards excluded from our diluted loss per share calculation for the three months ended September 30, 2018 as such awards were anti-dilutive. Anti-dilutive restricted stock awards excluded from our diluted earnings per share calculation for the three months ended September 30, 2017 were de minimis.

There were 112 potential shares of common stock issuable upon exercise of stock options which were excluded from diluted loss per share computations for the three months ended September 30, 2018, as they were anti-dilutive. No such awards were excluded for the three months ended September 30, 2017.

Share Repurchase Program

On June 21, 2017, the Company's Board of Directors authorized the repurchase of up to $250,000 of the Company’s issued and outstanding common stock. Repurchases may be made from time to time in the open market, pursuant to pre-set trading plans, in private transactions or otherwise. The authorization does not have a stated expiration date. The extent to which the Company repurchases its shares and the timing of such repurchases will depend upon market conditions and other corporate considerations, including the Company’s historical strategy of pursuing accretive acquisitions. As of September 30, 2018, the Company had not repurchased any shares under this program and had $250,000 of remaining capacity under the share repurchase program.