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Earnings per Share (Tables) | 9 Months Ended
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Mar. 31, 2020
Earnings per Share |
Earnings per Share | The following table sets forth the computations of basic and diluted earnings per share and stock awards not included in the computation of diluted earnings per share when their effect is anti-dilutive (in thousands, except per share data):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended
​ | ​ | March 31, | ​ | March 31,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income (loss) attributable to Adtalem: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Continuing operations | ​ | $ | 153,551 | ​ | $ | 34,840 | ​ | $ | 172,476 | ​ | $ | 71,998
Discontinued operations | ​ | ​ | (2,719) | ​ | ​ | 3,065 | ​ | ​ | (1,758) | ​ | ​ | (26,328)
Net | ​ | $ | 150,832 | ​ | $ | 37,905 | ​ | $ | 170,718 | ​ | $ | 45,670
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average shares outstanding |  | ​ | 52,498 | ​ |  | 57,583 |  | ​ | 53,647 |  | ​ | 58,656
Unvested participating RSUs |  | ​ | 457 | ​ |  | 478 |  | ​ | 470 |  | ​ | 543
Weighted-average basic shares outstanding |  | ​ | 52,955 | ​ |  | 58,061 |  | ​ | 54,117 |  | ​ | 59,199
Effect of dilutive stock awards |  | ​ | 364 | ​ |  | 741 |  | ​ | 459 |  | ​ | 805
Weighted-average diluted shares outstanding |  | ​ | 53,319 | ​ |  | 58,802 |  | ​ | 54,576 |  | ​ | 60,004
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings (loss) per share attributable to Adtalem: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Continuing operations | ​ | $ | 2.90 | ​ | $ | 0.60 | ​ | $ | 3.19 | ​ | $ | 1.22
Discontinued operations | ​ | $ | (0.05) | ​ | $ | 0.05 | ​ | $ | (0.03) | ​ | $ | (0.44)
Net | ​ | $ | 2.85 | ​ | $ | 0.65 | ​ | $ | 3.15 | ​ | $ | 0.77
Diluted: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Continuing operations | ​ | $ | 2.88 | ​ | $ | 0.59 | ​ | $ | 3.16 | ​ | $ | 1.20
Discontinued operations | ​ | $ | (0.05) | ​ | $ | 0.05 | ​ | $ | (0.03) | ​ | $ | (0.44)
Net | ​ | $ | 2.83 | ​ | $ | 0.64 | ​ | $ | 3.13 | ​ | $ | 0.76
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average anti-dilutive stock awards | ​ | ​ | 992 | ​ | ​ | 194 | ​ | ​ | 942 | ​ | ​ | 223

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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