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Earnings per Share (Tables)
3 Months Ended
Sep. 30, 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

September 30, 

2020

2019

Numerator:

Net income (loss) attributable to Adtalem:

 

 

Continuing operations

$

27,537

$

17,517

Discontinued operations

(7,607)

(3,156)

Net

$

19,930

$

14,361

Denominator:

Weighted-average shares outstanding

 

51,963

 

55,018

Unvested participating RSUs

 

501

 

475

Weighted-average basic shares outstanding

 

52,464

 

55,493

Effect of dilutive stock awards

 

333

 

647

Weighted-average diluted shares outstanding

 

52,797

 

56,140

Earnings (loss) per share attributable to Adtalem:

Basic:

Continuing operations

$

0.52

$

0.32

Discontinued operations

$

(0.14)

$

(0.06)

Net

$

0.38

$

0.26

Diluted:

Continuing operations

$

0.52

$

0.31

Discontinued operations

$

(0.14)

$

(0.06)

Net

$

0.38

$

0.26

Weighted-average anti-dilutive stock awards

948

329