XML 43 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Preferred and Common Stockholder's Equity (Tables)
3 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Summary of Common Shares Issued and Outstanding

Common shares issued and outstanding

 

 

 

 

 

 

 

September 30,

 

 

 

2017

 

 

2016

 

Common stock issued and outstanding at July 1

 

 

68.4

 

 

 

69.1

 

Common stock issued upon exercise of options and employee

   stock plans

 

 

0.8

 

 

 

0.3

 

Repurchase and retirement of common stock

 

 

 

 

 

(1.0

)

Common stock issued and outstanding at September 30

 

 

69.2

 

 

 

68.4

 

 

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,

 

 

 

2017

 

 

2016

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding used to compute

   basic EPS

 

 

68.6

 

 

 

68.8

 

Effect of dilutive shares

 

 

1.8

 

 

 

 

Weighted-average shares outstanding and dilutive

   securities used to compute diluted EPS

 

 

70.4

 

 

 

68.8

 

 

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,

 

 

 

2017

 

 

2016

 

Anti-dilutive options and RSU's excluded from EPS

   computation

 

 

1.5

 

 

 

9.6

 

 

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, 2017 and 2016 were as follows:

 

 

 

Three months ended

 

 

 

September 30,

 

 

 

2017

 

 

2016

 

Shares purchased and retired

 

 

 

 

 

1.0

 

Common stock and additional paid-in-capital reductions

 

$

 

 

$

9.1

 

Charges to retained earnings

 

$

 

 

$

12.2