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NET INCOME (LOSS) ATTRIBUTABLE TO COTY INC. PER COMMON SHARE (Tables) | 12 Months Ended
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Jun. 30, 2022
Earnings Per Share [Abstract] |
Reconciliation of numerators and denominators of basic and diluted EPS computations | Reconciliation between the numerators and denominators of the basic and diluted EPS computations is presented below:
| Year Ended June 30,
| 2022 |  | 2021 |  | 2020
Amounts attributable to Coty Inc.: |  |  |  |  |
Net income (loss) from continuing operations | $ | 253.8 |  |  | $ | (64.0) |  |  | $ | (1,093.9) |
Convertible Series B Preferred Stock dividends | (198.3) |  |  | (102.3) |  |  | (6.5) |
Net income (loss) from continuing operations attributable to common stockholders | 55.5 |  |  | (166.3) |  |  | (1,100.4) |
Net income (loss) from discontinued operations, net of tax | 5.7 |  |  | (137.3) |  |  | 87.2 |
Net income (loss) attributable to common stockholders | $ | 61.2 |  |  | $ | (303.6) |  |  | $ | (1,013.2) |
Weighted-average common shares outstanding: |  |  |  |  |
Weighted-average common shares outstanding—Basic | 820.6 |  |  | 764.8 |  |  | 759.1 |
Effect of dilutive stock options and Series A/A-1 Preferred Stock (a) | — |  |  | — |  |  | — |
Effect of restricted stock and RSUs (b) | 13.5 |  |  | — |  |  | — |
Effect of Convertible Series B Preferred Stock (c) | — |  |  | — |  |  | — |
Weighted-average common shares and common share equivalents outstanding—Diluted(a) | 834.1 |  |  | 764.8 |  |  | 759.1 |
Earnings (losses) per common share |  |  |  |  |
Earnings (losses) from continuing operations per common share - basic | $ | 0.07 |  |  | $ | (0.22) |  |  | $ | (1.45) |
Earnings (losses) from continuing operations per common share - diluted (d) | $ | 0.07 |  |  | $ | (0.22) |  |  | $ | (1.45) |
Earnings (losses) from discontinued operations - basic | $ | 0.01 |  |  | $ | (0.18) |  |  | $ | 0.12 |
Earnings (losses) from discontinued operations - diluted | $ | 0.01 |  |  | $ | (0.18) |  |  | $ | 0.12 |
Earnings (losses) per common share - basic | $ | 0.08 |  |  | $ | (0.40) |  |  | $ | (1.33) |
Earnings (losses) per common share - diluted (d) | $ | 0.08 |  |  | $ | (0.40) |  |  | $ | (1.33) |
(a) As of June 30, 2022, outstanding stock options and Series A Preferred Stock with purchase or conversion rights to purchase 8.3 million weighted average shares of Common Stock were excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. As of June 30, 2021 and 2020, outstanding stock options and Series A Preferred Stock with purchase or conversion rights to purchase shares of Common Stock were excluded in the computation of diluted loss per share due to the net loss incurred during the period. (b) As of June 30, 2022, there were 1.6 million weighted average anti-dilutive RSUs, excluded from the computation of diluted EPS. As of June 30, 2021 and 2020, RSUs were excluded in the computation of diluted loss per share due to the net loss incurred during the period. (c ) As of June 30, 2022, there were 65.4 million dilutive shares of Convertible Series B Preferred Stock excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. As of June 30, 2021 and 2020, Convertible Series B Preferred Stock shares were excluded from the computation of diluted EPS due to the net loss incurred during the period. (d) Diluted EPS is adjusted by the effect of dilutive securities, including awards under the Company's equity compensation plans and the convertible Series B Preferred Stock. When calculating any potential dilutive effect of stock options, Series A Preferred Stock, restricted stock and RSUs, the Company uses the treasury method and the if-converted method for the Convertible Series B Preferred Stock. The treasury method typically does not adjust the net income attributable to Coty Inc., while the if-converted method requires an adjustment to reverse the impact of the preferred stock dividends, if dilutive, on net income applicable to common stockholders during the period

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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