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Earnings Per Share
9 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Note 3. Earnings Per Share
The following table sets forth the computation of basic and diluted net (loss) income per share (in millions, except per share data):
 
Three Months Ended
 
Nine Months Ended
 
March 31, 2018
 
April 1, 2017
 
March 31, 2018
 
April 1, 2017
Numerator:
 

 
 

 
 
 
 
Net (loss) income
$
(8.7
)
 
$
26.0

 
$
(17.2
)
 
$
153.2

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding
 
 
 
 
 
 
 
Basic
226.3

 
229.4

 
227.3

 
230.8

Effect of dilutive securities from stock-based benefit plans

 
5.2

 

 
5.1

Diluted
226.3

 
234.6

 
227.3

 
235.9

 
 
 
 
 
 
 
 
Net (loss) income per share:
 
 
 
 
 
 
 
Basic
$
(0.04
)
 
$
0.11

 
$
(0.08
)
 
$
0.66

Diluted
$
(0.04
)
 
$
0.11

 
$
(0.08
)
 
$
0.65


The following table sets forth the weighted-average potentially dilutive securities excluded from the computation of the diluted net (loss) income per share because their effect would have been anti-dilutive (in millions):
 
Three Months Ended
 
Nine Months Ended
 
March 31, 2018 (1) (2)
 
April 1, 2017 (1) (2)
 
March 31, 2018 (1) (2)
 
April 1, 2017 (1) (2)
Stock options and ESPP
1.6

 
0.3

 
1.6

 
0.3

Restricted Stock Units
6.8

 

 
7.5

 

Total potentially dilutive securities
8.4

 
0.3

 
9.1

 
0.3

(1)  The Company’s 0.625% Senior Convertible Notes due 2033 are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $11.28 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 10. Debt” for more details.

(2)  The Company’s 1.00% Senior Convertible Notes due 2024 are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $13.22 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 10. Debt” for more details.