XML 25 R25.htm IDEA: XBRL DOCUMENT v3.20.1
Net Income Per Share (Tables)
9 Months Ended
Mar. 31, 2020
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,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

5.0

 

 

$

6.7

 

 

$

28.8

 

 

$

23.3

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares, basic

 

 

34.0

 

 

 

34.4

 

 

 

33.5

 

 

 

34.7

 

Effect of dilutive share-based awards

 

 

1.0

 

 

 

0.6

 

 

 

1.0

 

 

 

0.8

 

Shares, diluted

 

 

35.0

 

 

 

35.0

 

 

 

34.5

 

 

 

35.5

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.15

 

 

$

0.19

 

 

$

0.86

 

 

$

0.67

 

Diluted

 

$

0.14

 

 

$

0.19

 

 

$

0.83

 

 

$

0.66