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Earnings per Share (Tables)
12 Months Ended
Jun. 30, 2021
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 antidilutive (in thousands, except per share data):

Year Ended June 30, 

2021

2020

2019

Numerator:

Net income (loss) attributable to Adtalem:

 

 

 

Continuing operations

$

102,036

$

243,981

$

107,247

Discontinued operations

(25,127)

(329,315)

(12,079)

Net

$

76,909

$

(85,334)

$

95,168

Denominator:

Weighted-average basic shares outstanding

51,322

 

53,659

 

58,540

Effect of dilutive stock awards

323

 

435

 

790

Weighted-average diluted shares outstanding

51,645

 

54,094

 

59,330

Earnings (loss) per share attributable to Adtalem:

Basic:

Continuing operations

$

1.99

$

4.55

$

1.83

Discontinued operations

$

(0.49)

$

(6.14)

$

(0.21)

Net

$

1.50

$

(1.59)

$

1.63

Diluted:

Continuing operations

$

1.98

$

4.51

$

1.81

Discontinued operations

$

(0.49)

$

(6.09)

$

(0.20)

Net

$

1.49

$

(1.58)

$

1.60

Weighted-average antidilutive stock awards

1,143

973

215