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NET INCOME (LOSS) ATTRIBUTABLE TO COTY INC. PER COMMON SHARE | 12 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
NET INCOME (LOSS) ATTRIBUTABLE TO COTY INC. PER COMMON SHARE | NET INCOME (LOSS) ATTRIBUTABLE TO COTY INC. PER COMMON SHARE Net (loss) income attributable to Coty Inc. common stockholders per common share (“basic EPS”) is computed by dividing net (loss) income 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) income 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, if dilutive, 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, 2025, 2024 and 2023. Net (loss) income 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 2025, 2024 and 2023. 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,
| 2025 |  | 2024 |  | 2023
Amounts attributable to Coty Inc.: |  |  |  |  |
Net (loss) income | $ | (367.9) |  |  | $ | 89.4 |  |  | $ | 508.2 |
Convertible Series B Preferred Stock dividends | (13.2) |  |  | (13.2) |  |  | (13.2) |
Net (loss) income attributable to common stockholders | (381.1) |  |  | 76.2 |  |  | 495.0 |
Net (loss) income attributable to common stockholders | $ | (381.1) |  |  | $ | 76.2 |  |  | $ | 495.0 |
Weighted-average common shares outstanding: |  |  |  |  |
Weighted-average common shares outstanding—Basic | 870.9 |  |  | 874.4 |  |  | 849.0 |
Effect of dilutive stock options and Series A Preferred Stock (a) | — |  |  | 0.1 |  |  | — |
Effect of restricted stock, PRSUs and RSUs (b) | — |  |  | 8.9 |  |  | 13.8 |
Effect of Convertible Series B Preferred Stock (c) | — |  |  | — |  |  | 23.7 |
Effect of Forward Repurchase Contracts (d) | — |  |  | — |  |  | — |
Weighted-average common shares and common share equivalents outstanding—Diluted | 870.9 |  |  | 883.4 |  |  | 886.5 |
Earnings (losses) per common share |  |  |  |  |
(Losses) earnings per common share - basic | $ | (0.44) |  |  | $ | 0.09 |  |  | $ | 0.58 |
(Losses) earnings per common share - diluted (e) | $ | (0.44) |  |  | $ | 0.09 |  |  | $ | 0.57 |
(a) As of June 30, 2025, 2024, and 2023, outstanding stock options and Series A Preferred Stock with purchase or conversion rights to purchase 3.5 million, 2.8 million, and 4.8 million weighted average anti-dilutive shares of Common Stock, respectively, were excluded from the computation of diluted EPS. (b) As of June 30, 2025, 2024, and 2023, there were 11.6 million, 1.0 million, and 3.2 million weighted average anti-dilutive RSUs, respectively, excluded from the computation of diluted EPS. (c ) As of June 30, 2025 and 2024, no dilutive shares of Convertible Series B Preferred Stock, respectively, were included in the computation of diluted EPS as their inclusion would be anti-dilutive. As of June 30, 2023, 23.7 dilutive shares of Convertible Series B Preferred Stock were included in the computation of diluted EPS as their inclusion would be dilutive. (d) For the twelve months ended June 30, 2025, 2024, and 2023, potential shares for the Forward Repurchase Contracts were excluded from the computation of diluted EPS as their inclusion would be anti-dilutive. (e) Diluted EPS is adjusted by the effect of dilutive securities, including awards under the Company's equity compensation plans, the convertible Series B Preferred Stock, and the Forward Repurchase Contracts. When calculating any potential dilutive effect of stock options, Series A Preferred Stock, restricted stock, PRSUs and RSUs, the Company uses the treasury method and the if-converted method for the Convertible Series B Preferred Stock and the Forward Repurchase Contracts. 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 of $13.2, $13.2, and $13.2, respectively, and to reverse the impact of fair market value losses/(gains) for contracts with the option to settle in shares or cash of $248.1, $73.4, and $(101.8), respectively, if dilutive, for the twelve months ended June 30, 2025, 2024, and 2023 on net income applicable to common stockholders during the period.

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