XML 94 R81.htm IDEA: XBRL DOCUMENT v3.22.4
EARNINGS PER SHARE - Reconciliation of Common Shares Used for Earnings (Loss) Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Numerator for Basic and Diluted Income Per Share [Abstract]                      
Net income from continuing operations attributable to stockholders                 $ 265,867 $ 260,837 $ 598,119
Net income from discontinued operations attributable to stockholders                 0 0 556
Net income attributable to stockholders $ 29,903 $ 38,415 $ 75,545 $ 122,004 $ 49,549 $ 48,321 $ 43,969 $ 118,998 265,867 260,837 598,675
Adjustment of redeemable limited partners’ capital to redemption amount                 0 0 (468,311)
Net income from continuing operations attributable to non-controlling interest                 0 0 161,318
Net income from continuing operations                 265,867 260,837 291,126
Tax effect on Premier, Inc. net income                 0 0 (40,154)
Adjusted net income from continuing operations attributable to stockholders                 265,867 260,837 250,972
Net income from discontinued operations attributable to non-controlling interest                 0 0 498
Adjusted net income from discontinued operations attributable to stockholders                 0 0 1,054
Adjusted net income attributable to stockholders                 $ 265,867 $ 260,837 $ 252,026
Denominator for earnings per share:                      
Denominator for basic earnings weighted average shares (in shares) 118,001,000 118,697,000 121,181,000 122,945,000 122,341,000 122,254,000 122,127,000 99,575,000 120,220,000 116,527,000 67,035,000
Weighted average shares and assumed conversions (in shares) 119,760,000 119,813,000 122,473,000 124,573,000 124,055,000 123,116,000 122,919,000 100,130,000 121,668,000 117,532,000 123,614,000
Basic earnings per share from continuing operations (usd per share)                 $ 2.21 $ 2.24 $ 8.92
Basic earnings per share from discontinued operations (usd per share)                 0 0 0.01
Basic earnings per share attributable to stockholders (usd per share) $ 0.25 $ 0.32 $ 0.62 $ 0.99 $ 0.41 $ 0.40 $ 0.36 $ 1.20 2.21 2.24 8.93
Diluted earnings per share from continuing operations (usd per share)                 2.19 2.22 2.03
Diluted loss per share from discontinued operations (usd per share)                 0 0 0.01
Diluted earnings per share attributable to stockholders (usd per share) $ 0.25 $ 0.32 $ 0.62 $ 0.97 $ 0.40 $ 0.39 $ 0.36 $ 1.19 $ 2.19 $ 2.22 $ 2.04
Common Class B Unit                      
Denominator for earnings per share:                      
Anti-dilutive shares outstanding at period-end that are excluded from the above reconciliation (shares)                   5,600,000  
Class B Common Stock                      
Denominator for earnings per share:                      
Effect of dilutive securities (in shares)                 0 0 55,935,000
Common stock outstanding (shares) 0               0    
Restricted Stock                      
Denominator for earnings per share:                      
Effect of dilutive securities (in shares)                 510,000 376,000 248,000
Anti-dilutive shares outstanding at period-end that are excluded from the above reconciliation (shares)                 600,000    
Stock options                      
Denominator for earnings per share:                      
Effect of dilutive securities (in shares)                 206,000 301,000 329,000
Anti-dilutive shares outstanding at period-end that are excluded from the above reconciliation (shares)                   1,800,000 800,000
Performance Shares                      
Denominator for earnings per share:                      
Effect of dilutive securities (in shares)                 732,000 328,000 67,000
Anti-dilutive shares outstanding at period-end that are excluded from the above reconciliation (shares)                   100,000