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Net Income Per Share (Tables)
6 Months Ended
Dec. 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

 

 

Six Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

19.8

 

 

$

12.8

 

 

$

23.8

 

 

$

16.6

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares, basic

 

 

33.5

 

 

 

34.5

 

 

 

33.2

 

 

 

34.8

 

Effect of dilutive share-based awards

 

 

0.9

 

 

 

0.6

 

 

 

0.9

 

 

 

0.8

 

Shares, diluted

 

 

34.4

 

 

 

35.1

 

 

 

34.1

 

 

 

35.6

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.59

 

 

$

0.37

 

 

$

0.72

 

 

$

0.48

 

Diluted

 

$

0.58

 

 

$

0.36

 

 

$

0.70

 

 

$

0.47