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Earnings per Share | 6 Months Ended
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Dec. 31, 2021
Earnings per Share |
Earnings per Share | 8. 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). As a result of incurring a net loss from continuing operations for the six months ended December 31, 2021, potential common shares of 447 thousand were excluded from diluted loss per share because the effect would have been antidilutive. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | December 31, | ​ | December 31, | ​
​ | ​ | 2021 | ​ | 2020 | ​ | 2021 | ​ | 2020 | ​
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income (loss) attributable to Adtalem: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Continuing operations | ​ | $ | 39,034 | ​ | $ | 23,941 | ​ | $ | (38,148) | ​ | $ | 43,527 | ​
Discontinued operations | ​ | ​ | (21,181) | ​ | ​ | (626) | ​ | ​ | (2,003) | ​ | ​ | (282) | ​
Net | ​ | $ | 17,853 | ​ | $ | 23,315 | ​ | $ | (40,151) | ​ | $ | 43,245 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average basic shares outstanding |  | ​ | 49,776 | ​ |  | 52,251 |  | ​ | 49,719 |  | ​ | 52,358 | ​
Effect of dilutive stock awards |  | ​ | 461 | ​ |  | 190 |  | ​ | — |  | ​ | 264 | ​
Weighted-average diluted shares outstanding |  | ​ | 50,237 | ​ |  | 52,441 |  | ​ | 49,719 |  | ​ | 52,622 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings (loss) per share attributable to Adtalem: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Continuing operations | ​ | $ | 0.78 | ​ | $ | 0.46 | ​ | $ | (0.77) | ​ | $ | 0.83 | ​
Discontinued operations | ​ | $ | (0.43) | ​ | $ | (0.01) | ​ | $ | (0.04) | ​ | $ | (0.01) | ​
Net | ​ | $ | 0.36 | ​ | $ | 0.45 | ​ | $ | (0.81) | ​ | $ | 0.83 | ​
Diluted: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Continuing operations | ​ | $ | 0.78 | ​ | $ | 0.46 | ​ | $ | (0.77) | ​ | $ | 0.83 | ​
Discontinued operations | ​ | $ | (0.42) | ​ | $ | (0.01) | ​ | $ | (0.04) | ​ | $ | (0.01) | ​
Net | ​ | $ | 0.36 | ​ | $ | 0.44 | ​ | $ | (0.81) | ​ | $ | 0.82 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average antidilutive stock awards | ​ | ​ | 1,336 | ​ | ​ | 1,168 | ​ | ​ | 1,254 | ​ | ​ | 1,059 | ​
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