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EARNINGS (LOSS) PER SHARE - Reconciliation of the Numerator and Denominator Used for Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Mar. 31, 2016
Numerator for basic earnings (loss) per share: |  |  |  |
Net income (loss) attributable to stockholders | $ (79,800) | $ 299,948 | $ 323,268 | $ 716,719
Numerator for diluted earnings (loss) per share: |  |  |  |
Net income (loss) attributable to stockholders | (79,800) | 299,948 | 323,268 | 716,719
Adjustment of redeemable limited partners' capital to redemption amount | 99,974 | (284,409) | (247,042) | (685,649)
Net income attributable to non-controlling interest in Premier LP | 51,965 | 56,018 | 232,683 | 153,735
Net income (loss) | 72,139 | 71,557 | 308,909 | 184,805
Tax effect on Premier, Inc. net income |  | (9,551) | (50,822) | (34,639)
Adjusted net income (loss) | $ (79,800) | $ 62,006 | $ 258,087 | $ 150,166
Denominator for basic earnings (loss) per share: |  |  |  |
Weighted average shares (in shares) | 50,525 | 44,716 | 49,051 | 41,329
Denominator for diluted earnings (loss) per share: |  |  |  |
Weighted average shares (in shares) | 50,525 | 44,716 | 49,051 | 41,329
Effect of dilutive securities: |  |  |  |
Weighted average shares and assumed conversions (in shares) | 50,525 | 145,018 | 141,372 | 145,558
Basic earnings (loss) per share (in dollars per share) | $ (1.58) | $ 6.71 | $ 6.59 | $ 17.34
Diluted earnings (loss) per share (in dollars per share) | $ (1.58) | $ 0.43 | $ 1.83 | $ 1.03
Antidilutive securities excluded from computation of earnings per share (in shares) | 2,800 |  | 1,800 |
Class B common units exchangeable for Class A common shares | Limited Partner | Redeemable Limited Partners' Capital |  |  |  |
Effect of dilutive securities: |  |  |  |
Antidilutive securities excluded from computation of earnings per share (in shares) | 88,900 |  |  |
Common Stock | Class B Common Stock |  |  |  |
Effect of dilutive securities: |  |  |  |
Effect of dilutive securities (in shares) | 0 | 97,837 | 91,875 | 102,057
Stock options |  |  |  |
Effect of dilutive securities: |  |  |  |
Effect of dilutive securities (in shares) | 0 | 249 | 256 | 290
Antidilutive securities excluded from computation of earnings per share (in shares) |  | 1,400 |  | 1,400
Restricted stock |  |  |  |
Effect of dilutive securities: |  |  |  |
Effect of dilutive securities (in shares) | 0 | 610 | 190 | 553
Performance share awards |  |  |  |
Effect of dilutive securities: |  |  |  |
Effect of dilutive securities (in shares) | 0 | 1,606 | 0 | 1,329
Antidilutive securities excluded from computation of earnings per share (in shares) |  |  | 500 |

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