Net (Loss) Income Per Share Attributable To Elizabeth Arden Shareholders

9 Months Ended

Mar. 31, 2014

Net (Loss) Income Per Share Attributable To Elizabeth Arden Shareholders [Abstract]

Net (Loss) Income Per Share Attributable To Elizabeth Arden Shareholders

NOTE 3. NET (LOSS) INCOME PER SHARE ATTRIBUTABLE TO ELIZABETH ARDEN SHAREHOLDERS

     Net (loss) income per basic share attributable to Elizabeth Arden shareholders is computed by dividing the net (loss) income attributable to Elizabeth Arden shareholders by the weighted average number of shares of the Company's outstanding common stock, $.01 par value per share ("Common Stock"). The calculation of net (loss) income per diluted share attributable to Elizabeth Arden shareholders is similar to net (loss) income per basic share attributable to Elizabeth Arden shareholders except that the denominator includes potentially dilutive common shares, such as stock options and non-vested restricted stock or restricted stock units. For both the three months ended March 31, 2014 and 2013, diluted loss per share equals basic loss per share as the assumed exercise of stock options, non-vested restricted stock and restricted stock units, and the assumed purchases under the employee stock purchase plan would have an anti-dilutive effect.

The following table represents the computation of net (loss) income per share attributable to Elizabeth Arden shareholders:

(Amounts in thousands, except per
share data)		Three Months Ended					Nine Months Ended
		March 31,		March 31,			March 31,		March 31,
		2014		2013			2014		2013
Basic
Net (loss) income attributable to Elizabeth
Arden shareholders	$	(26,443	) $	(1,273	)	$	10,207	$	45,720
Weighted average shares outstanding		29,697		29,607			29,664		29,658
Net (loss) income per basic share
attributable to Elizabeth Arden
shareholders	$	(0.89	) $	(0.04	)	$	0.34	$	1.54
Diluted
Net (loss) income attributable to Elizabeth
Arden shareholders	$	(26,443	) $	(1,273	)	$	10,207	$	45,720
Weighted average shares outstanding		29,697		29,607			29,664		29,658
Potential common shares - treasury
method		--		--			509		840
Weighted average shares and potential
dilutive common shares		29,697		29,607			30,173		30,498
Net (loss) income per diluted share
attributable to Elizabeth Arden
shareholders	$	(0.89	) $	(0.04	)	$	0.34	$	1.50

     The following table shows the number of potential common shares for the three and nine months ended March 31, 2014 and 2013 that were not included in the net income per diluted share attributable to Elizabeth Arden shareholders calculation because to do so would have been anti-dilutive:

(Amounts in thousands)	Three Months Ended		Nine Months Ended
	March 31,	March 31,	March 31,	March 31,
	2014	2013	2014	2013
Number of shares	665	830	104	90