XML 48 R38.htm IDEA: XBRL DOCUMENT v3.23.3

Earnings (Loss) Per Share (Tables)

3 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Computation of Earnings Per Share

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations (000, except per share data):

			Three Months Ended September 30,
			2023						2022
Numerator
Net loss			$	(67,534)					$	(38,698)
Deduct Series A preferred stock dividends			—						(6,900)
Deduct Series B dividends and deemed dividends			(30,173)						(28,677)
Basic loss available to common shareholders			$	(97,707)					$	(74,275)
Diluted loss available to common shareholders			$	(97,707)					$	(74,275)
Denominator
Diluted weighted average common shares			150,328						133,280
Basic loss per common share			$	(0.65)					$	(0.56)
Diluted loss per common share			$	(0.65)					$	(0.56)

Schedule of Potential Shares of Common Stock Excluded from the Calculation of Diluted Net Earnings (Loss) Per Share

The following table presents potential shares of common stock excluded from the calculation of diluted net earnings (loss) per share, as their effect would have been anti-dilutive (000):

			Three Months Ended September 30,
			2023						2022
Common stock equivalents			2,337						1,762
Convertible Notes			—						4,474
Series A Mandatory Convertible Preferred Stock			—						9,604
Series B Convertible Preferred Stock			27,176						25,861
Total anti-dilutive shares			29,513						41,701

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

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration