Preferred and Common Stockholder's Equity (Tables)

3 Months Ended

Sep. 30, 2016

Summary of Common Shares Issued and Outstanding

Common shares issued and outstanding


	Three months ended September 30,
	2016			2015
Common stock issued and outstanding at July 1		69.1			68.9
Common stock issued upon exercise of options and employee stock plans		0.3			1.6
Repurchase and retirement of common stock		(1.0	)		(1.1	)

Common stock issued and outstanding at September 30		68.4			69.4

Reconciliation of Denominators of Basic and Diluted Earnings Per Share Computations

The following is a reconciliation of the denominators of the basic and diluted earnings per share (“EPS”) computations:


	Three months ended September 30,
	2016		2015
Denominator:
Weighted-average shares outstanding used to compute basic EPS		68.8		68.7
Effect of dilutive shares		—		3.4

Weighted-average shares outstanding and dilutive securities used to compute diluted EPS		68.8		72.1

Schedule of Anti-Dilutive Options and Restricted Stock Units Excluded from EPS Computation

These potential dilutive common shares, which may be dilutive to future diluted earnings per share, are as follows:


	Three months ended September 30,
	2016		2015
Anti-dilutive options and RSU’s excluded from EPS computation		9.6		0.1

Schedule of Stock Repurchases

The shares retired, aggregate common stock and additional paid-in capital reductions, and related charges to accumulated deficit for the repurchases for periods ended September 30, 2016 and 2015 were as follows:


	Three months ended September 30,
	2016		2015
Shares purchased and retired		1.0		1.1
Common stock and additional paid-in-capital reductions	$	9.1	$	9.5
Charges to retained earnings	$	12.2	$	28.5