XML 49 R35.htm IDEA: XBRL DOCUMENT v3.19.1
Loss Per Share (Tables)
 9 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Basic Loss Per Share Computation
The following table presents the computation of Basic (loss) earnings per share (in thousands, except per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
March 31,
2019
 
March 25,
2018
 
March 31,
2019
 
March 25,
2018
Net (loss) income from continuing operations

($22,311
)


($10,163
)


($23,259
)


$12,414

Net income attributable to non-controlling interest
121


44


23


59

Income (loss) before discontinued operations
(22,432
)

(10,207
)

(23,282
)

12,355

Loss from discontinued operations, net of tax
(205,420
)

(230,370
)

(218,085
)

(259,067
)
Net loss attributable to controlling interest

($227,852
)


($240,577
)


($241,367
)


($246,712
)
Weighted average common shares
103,659

 
100,140

 
102,807

 
99,046

Basic (loss) earnings per share from continuing operations and non-controlling interest

($0.22
)


($0.10
)


($0.23
)


$0.13

Basic (loss) per share from discontinued operations
(1.98
)

(2.30
)

(2.12
)

(2.62
)
(Loss) earnings per share - basic

($2.20
)


($2.40
)


($2.35
)


($2.49
)
Diluted Loss Per Share Computation
The following computation reconciles the differences between the basic and diluted (loss) earnings per share presentations (in thousands, except per share amounts): 
 
Three Months Ended
 
Nine Months Ended
 
March 31,
2019
 
March 25,
2018
 
March 31,
2019
 
March 25,
2018
Net (loss) income from continuing operations

($22,311
)


($10,163
)


($23,259
)


$12,414

Net income attributable to non-controlling interest
121


44


23


59

Income (loss) before discontinued operations
(22,432
)
 
(10,207
)
 
(23,282
)
 
12,355

Loss from discontinued operations, net of tax (Note 2)
(205,420
)

(230,370
)

(218,085
)

(259,067
)
Net loss attributable to controlling interest

($227,852
)


($240,577
)


($241,367
)


($246,712
)
Weighted average common shares - basic
103,659

 
100,140

 
102,807

 
99,046

Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights
—

 
—

 
—

 
1,626

Weighted average common shares - diluted
103,659

 
100,140

 
102,807

 
100,672

Diluted (loss) earnings per share from continuing operations and non-controlling interest

($0.22
)


($0.10
)


($0.23
)


$0.12

Diluted (loss) per share from discontinued operations
(1.98
)

(2.30
)

(2.12
)

(2.57
)
(Loss) earnings per share - diluted

($2.20
)


($2.40
)


($2.35
)


($2.45
)