XML 53 R42.htm IDEA: XBRL DOCUMENT
v3.20.2

(Loss) Earnings Per Share (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2020
(Loss) Earnings Per Share [Abstract] |
Income From Continuing Operations And Share Data Used In Basic And Diluted Earnings Per Share Computations |
|  |  |  |  |  |  | Three months ended
|  |  |  |  |  |  | September 30,
|  |  |  |  |  |  |  | 2020 |  |  |  | 2019 |
|  |  |  |  |  |  |  | (in thousands except |
|  |  |  |  |  |  |  | percent and |
|  |  |  |  |  |  |  | per share data) |
| Numerator: |  |  |  |  |  |  |  |
|  | Net loss attributable to Net1 |  | $ | (28,958) |  |  | $ | (4,392) |
|  | Undistributed (loss) earnings |  |  | (28,958) |  |  |  | (4,392) |
|  |  |  | Continuing |  |  | (28,958) |  |  |  | (7,327) |
|  |  |  | Discontinued |  | $ | - |  |  | $ | 2,935 |
|  | Percent allocated to common shareholders (Calculation 1) |  |  | 98 |  |  |  | 99 |
|  | Numerator for (loss) earnings per share: basic and diluted |  |  | (28,443) |  |  |  | (4,346) |
|  |  |  | Continuing |  |  | (28,443) |  |  |  | (7,251) |
|  |  |  | Discontinued |  |  | - |  |  |  | 2,905 |
| Denominator |  |  |  |  |  |  |  |
|  | Denominator for basic (loss) earnings per share: |  |  |  |  |  |  |  |
|  | weighted-average common shares outstanding |  |  | 56,104 |  |  |  | 55,985 |
|  |  |  | Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion |  |  | 56,104 |  |  |  | 55,985 |
| (Loss) Earnings per share: |  |  |  |  |  |  |  |
|  | Basic |  | $ | (0.51) |  |  | $ | (0.08) |
|  |  |  | Continuing |  | $ | (0.51) |  |  | $ | (0.13) |
|  |  |  | Discontinued |  | $ | - |  |  | $ | 0.05 |
|  | Diluted |  | $ | (0.51) |  |  | $ | (0.08) |
|  |  |  | Continuing |  | $ | (0.51) |  |  | $ | (0.13) |
|  |  |  | Discontinued |  | $ | - |  |  | $ | 0.05 |
| (Calculation 1) |  |  |  |  |  |  |  |
|  | Basic weighted-average common shares outstanding (A) |  |  | 56,104 |  |  |  | 55,985 |
|  | Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) |  |  | 57,119 |  |  |  | 56,568 |
|  | Percent allocated to common shareholders (A) / (B) |  |  | 98 |  |  |  | 99 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareReconciliationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration