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Preferred and Common Stockholder's Equity (Tables)
3 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Summary of Common Shares Issued and Outstanding

Common shares issued and outstanding

 

 

 

Three months ended

 

 

Year ended

 

 

 

September 30,

 

 

June 30,

 

 

 

2018

 

 

2018

 

Common stock issued and outstanding at July 1

 

 

70.6

 

 

 

68.4

 

Common stock issued upon exercise of options and employee

   stock plans

 

 

4.1

 

 

 

2.2

 

Repurchase and retirement of common stock

 

 

 

 

 

 

Common stock issued and outstanding at end of period

 

 

74.7

 

 

 

70.6

 

 

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,

 

 

 

2018

 

 

2017

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding used to compute

   basic EPS

 

 

73.0

 

 

 

68.6

 

Effect of dilutive shares

 

 

 

 

 

1.8

 

Weighted-average shares outstanding and dilutive

   securities used to compute diluted EPS

 

 

73.0

 

 

 

70.4

 

 

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,

 

 

 

2018

 

 

2017

 

Anti-dilutive options and RSU's excluded from EPS

   computation

 

 

4.1

 

 

 

1.5

 

 

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, 2018 and 2017 were as follows:

 

 

 

Three months ended

 

 

 

September 30,

 

 

 

2018

 

 

2017

 

Shares purchased and retired

 

 

 

 

 

 

Common stock and additional paid-in-capital reductions

 

$

 

 

$

 

Charges to retained earnings

 

$

 

 

$