Loss Per Share

6 Months Ended

Dec. 27, 2020

The details of the computation of basic and diluted loss per share are as follows:


	Three months ended		Six months ended
(in millions of U.S. Dollars, except share data)	December 27, 2020	December 29, 2019	December 27, 2020	December 29, 2019
Net loss from continuing operations	($54.3)	($57.9)	($129.6)	($97.2)

Net (loss) income from discontinued operations	(28.4)	3.9	(137.2)	5.4
Net income from discontinued operations attributable to noncontrolling interest	0.3	0.3	0.6	0.3
Net (loss) income from discontinued operations attributable to controlling interest	(28.7)	3.6	(137.8)	5.1



Weighted average shares - basic and diluted (in thousands)	110,688	107,925	110,297	107,519

Loss per share - basic and diluted:
Continuing operations	($0.49)	($0.54)	($1.18)	($0.90)
Discontinued operations attributable to controlling interest	($0.26)	$0.03	($1.25)	$0.05

Diluted net loss per share is the same as basic net loss per share for the periods presented due to potentially dilutive items being anti-dilutive given the Company's net loss from continuing operations.

For the three and six months ended December 27, 2020, 3.5 million and 3.9 million of weighted average shares were excluded from the calculation of diluted loss per share because their effect would be anti-dilutive. For the three and six months ended December 29, 2019, 5.2 million and 5.5 million of weighted average shares were excluded from the calculation of diluted loss per share because their effect would be anti-dilutive.

In addition, future earnings per share of the Company are also subject to dilution from conversion of its Notes under certain conditions as described in Note 9, “Long-term Debt.”