Loss Per Share

6 Months Ended

Dec. 26, 2021

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 26, 2021	December 27, 2020	December 26, 2021	December 27, 2020
Net loss from continuing operations	($96.7)	($54.3)	($166.8)	($129.6)

Net loss from discontinued operations	—	(28.4)	—	(137.2)
Net income from discontinued operations attributable to noncontrolling interest	—	0.3	—	0.6
Net loss from discontinued operations attributable to controlling interest	$—	($28.7)	$—	($137.8)



Weighted average shares - basic and diluted (in thousands)	117,218	110,688	117,068	110,297

Loss per share - basic and diluted:
Continuing operations	($0.82)	($0.49)	($1.42)	($1.18)
Discontinued operations attributable to controlling interest	$—	($0.26)	$—	($1.25)

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 26, 2021, 3.1 million and 3.3 million, respectively, 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 27, 2020, 3.5 million and 3.9 million, respectively, 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 the 2026 Notes under certain conditions as described in Note 9, “Long-term Debt.”