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Net Income Per Share (Tables)
9 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The computation of basic and diluted net income per share was as follows (in millions, except per share data):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income/(loss)

 

$

6.7

 

 

$

(13.7

)

 

$

23.3

 

 

$

(122.6

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares, basic

 

 

34.4

 

 

 

34.5

 

 

 

34.7

 

 

 

34.0

 

Effect of dilutive share-based awards

 

 

0.6

 

 

 

 

 

 

0.8

 

 

 

 

Shares, diluted

 

 

35.0

 

 

 

34.5

 

 

 

35.5

 

 

 

34.0

 

Net income/(loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.19

 

 

$

(0.40

)

 

$

0.67

 

 

$

(3.61

)

Diluted

 

$

0.19

 

 

$

(0.40

)

 

$

0.66

 

 

$

(3.61

)