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NET LOSS ATTRIBUTABLE TO COTY INC. PER COMMON SHARE | 12 Months Ended
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Jun. 30, 2021
Earnings Per Share [Abstract] |
NET LOSS ATTRIBUTABLE TO COTY INC. PER COMMON SHARE | NET LOSS ATTRIBUTABLE TO COTY INC. PER COMMON SHARE Net loss attributable to Coty Inc. common stockholders per common share (“basic EPS”) is computed by dividing net loss attributable to Coty Inc. less any dividends on Series B Preferred Stock by the weighted-average number of common shares outstanding during the period. Net loss attributable to Coty Inc. common stockholders per common share assuming dilution (“diluted EPS”) is computed by adjusting the numerator used in basic EPS to add back the dividends applicable to the Series B Preferred Stock and using the basic EPS weighted-average number of common shares and the effect of potentially dilutive securities outstanding during the period as the denominator. Potentially dilutive securities consist of non-qualified stock options, Series A Preferred Stock, RSUs, unvested restricted stock awards and potential shares resulting from the conversion of the Series B Preferred Stock as of June 30, 2021, 2020 and 2019. Net loss attributable to Coty Inc. is adjusted through the application of the two-class method of income per share to reflect a portion of the periodic adjustment of the redemption value in excess of fair value of the redeemable noncontrolling interests. There is no excess of redemption value over fair value of the redeemable noncontrolling interests in fiscal 2021, 2020 and 2019. In addition, there are no participating securities requiring the application of the two-class method of income per share. Reconciliation between the numerators and denominators of the basic and diluted EPS computations is presented below:
| Year Ended June 30,
| 2021 |  | 2020 |  | 2019
Amounts attributable to Coty Inc.: |  |  |  |  |
Net loss from continuing operations | $ | (64.0) |  |  | $ | (1,093.9) |  |  | $ | (3,905.2) |
Convertible Series B Preferred Stock dividends | (102.3) |  |  | (6.5) |  |  | — |
Net loss from continuing operations attributable to common stockholders | (166.3) |  |  | (1,100.4) |  |  | (3,905.2) |
Net income from discontinued operations, net of tax | (137.3) |  |  | 87.2 |  |  | 121.0 |
Net (loss) income attributable to common stockholders | $ | (303.6) |  |  | $ | (1,013.2) |  |  | $ | (3,784.2) |
Weighted-average common shares outstanding: |  |  |  |  |
Weighted-average common shares outstanding—Basic | 764.8 |  |  | 759.1 |  |  | 751.2 |
Weighted-average common shares and common share equivalents outstanding—Diluted(a) | 764.8 |  |  | 759.1 |  |  | 751.2 |
(Loss) earnings per common share |  |  |  |  |
Loss from continuing operations per common share - basic | $ | (0.22) |  |  | $ | (1.45) |  |  | $ | (5.20) |
Loss from continuing operations per common share - diluted | $ | (0.22) |  |  | $ | (1.45) |  |  | $ | (5.20) |
(Loss) earnings from discontinued operations - basic | $ | (0.18) |  |  | $ | 0.12 |  |  | $ | 0.16 |
(Loss) earnings from discontinued operations - diluted | $ | (0.18) |  |  | $ | 0.12 |  |  | $ | 0.16 |
Loss per common share - basic | $ | (0.40) |  |  | $ | (1.33) |  |  | $ | (5.04) |
Loss per common share - diluted | $ | (0.40) |  |  | $ | (1.33) |  |  | $ | (5.04) |
(a)As of June 30, 2021, 2020 and 2019, outstanding stock options and Series A/A-1 Preferred Stock with purchase or conversion rights to purchase shares of Common Stock, RSUs and Convertible Series B Preferred Stock were excluded in the computation of diluted loss per share due to the net loss incurred during the period.

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