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Earnings/(loss) per share | 6 Months Ended
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Dec. 31, 2018
Earnings/(loss) per share |
Earnings/(loss) per share | 12 Earnings/(loss) per share (a)Basic Basic earnings/(loss) per share is calculated by dividing the profit/(loss) for the period by the weighted average number of ordinary shares in issue during the period.
|  | Three months ended 31 December |  | Six months ended 31 December |
|  | 2018 |  | Restated(1) 2017 |  | 2018 |  | Restated(1) 2017 |
Profit/(loss) for the period (£’000) |  | 26,770 |  | (19,697 | ) | 33,416 |  | (10,127 | )
Class A ordinary shares (thousands) |  | 40,526 |  | 40,195 |  | 40,526 |  | 40,195 |
Class B ordinary shares (thousands) |  | 124,000 |  | 124,000 |  | 124,000 |  | 124,000 |
Basic earnings/(loss) per share (pence) |  | 16.27 |  | (12.00 | ) | 20.31 |  | (6.17 | )
(1) Comparative amounts have been restated - see note 34 to the interim consolidated financial statements for further details. (b)Diluted Diluted earnings/(loss) per share is calculated by adjusting the weighted average number of ordinary shares in issue during the year to assume conversion of all dilutive potential ordinary shares. The Company has one category of dilutive potential ordinary shares: share awards pursuant to the 2012 Equity Incentive Plan (the “Equity Plan”). Share awards pursuant to the Equity Plan are assumed to have been converted into ordinary shares at the beginning of the financial year.
|  | Three months ended 31 December |  | Six months ended 31 December |
|  | 2018 |  | Restated(1) 2017 |  | 2018 |  | Restated(1) 2017 |
Profit/(loss) for the period (£’000) |  | 26,770 |  | (19,697 | ) | 33,416 |  | (10,127 | )
Class A ordinary shares (thousands) |  | 40,526 |  | 40,195 |  | 40,526 |  | 40,195 |
Adjustment for assumed conversion into Class A ordinary shares (thousands) |  | 137 |  | 390 |  | 137 |  | 390 |
Class B ordinary shares (thousands) |  | 124,000 |  | 124,000 |  | 124,000 |  | 124,000 |
Diluted earnings/(loss) per share (pence) (2) |  | 16.26 |  | (12.00 | ) | 20.29 |  | (6.17 | )
(1) Comparative amounts have been restated - see note 34 to the interim consolidated financial statements for further details. (2) For the three and six months ended 31 December 2017 potential ordinary shares are anti-dilutive, as their inclusion in the diluted loss per share calculation would reduce their loss per share, and hence have been excluded.

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