XML 44 R19.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE | 6 Months Ended
--- | ---
Dec. 31, 2019
NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE |
NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE | NOTE 13 – NET EARNINGS ATTRIBUTABLE TO THE ESTÉE LAUDER COMPANIES INC. PER COMMON SHARE ​ Net earnings attributable to The Estée Lauder Companies Inc. per common share (“basic EPS”) is computed by dividing net earnings attributable to The Estée Lauder Companies Inc. by the weighted-average number of common shares outstanding and contingently issuable shares (which satisfy certain conditions). Net earnings attributable to The Estée Lauder Companies Inc. per common share assuming dilution (“diluted EPS”) is computed by reflecting potential dilution from stock-based awards. ​ A reconciliation between the numerator and denominator of the basic and diluted EPS computations is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | December 31 | ​ | December 31
(In millions, except per share data) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net earnings attributable to The Estée Lauder Companies Inc. |  | $ | 557 |  | $ | 573 |  | $ | 1,152 |  | $ | 1,073
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average common shares outstanding – Basic | ​ |  | 360.2 | ​ |  | 363.3 | ​ |  | 360.8 | ​ | ​ | 365.1
Effect of dilutive stock options | ​ |  | 4.7 | ​ |  | 4.6 | ​ |  | 4.8 | ​ | ​ | 4.8
Effect of PSUs | ​ | ​ | 0.3 | ​ | ​ | 0.3 | ​ | ​ | 0.2 | ​ | ​ | 0.3
Effect of RSUs | ​ |  | 1.5 | ​ |  | 1.7 | ​ |  | 1.9 | ​ | ​ | 1.9
Weighted-average common shares outstanding – Diluted | ​ |  | 366.7 | ​ |  | 369.9 | ​ |  | 367.7 | ​ | ​ | 372.1
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net earnings attributable to The Estée Lauder Companies Inc. per common share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic |  | $ | 1.55 |  | $ | 1.58 |  | $ | 3.19 |  | $ | 2.94
Diluted | ​ | $ | 1.52 | ​ | $ | 1.55 | ​ | $ | 3.13 | ​ | $ | 2.88
​ As of December 31, 2019 and 2018, the number of shares of Class A Common Stock underlying options that were excluded in the computation of diluted EPS because their inclusion would be anti-dilutive was 1.3 million shares and 1.6 million shares, respectively. As of December 31, 2019 and 2018, 1.1 million shares of Class A Common Stock underlying PSUs have been excluded from the calculation of diluted EPS because the number of shares ultimately issued is contingent on the achievement of certain performance targets of the Company, as discussed in Note 12 – Stock Programs.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration