XML 16 R28.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share (Tables)
3 Months Ended
Sep. 28, 2019
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted net income (loss) attributable to common stockholders per share
The following table sets forth the computation of basic and diluted net income attributable to common stockholders per share (in millions, except per share data):
 
Three Months Ended
 
September 28, 2019
 
September 29, 2018
Basic Earnings per Common Share
 

 
 

Net income
$
47.6

 
$
47.4

Less: Cumulative dividends on Series A Preferred Stock

 
(0.2
)
Less: Earnings allocated to Series A Preferred Stock

 
(1.1
)
Net income attributable to common stockholders - Basic
$
47.6

 
$
46.1

 
 
 
 
Weighted average common shares outstanding including Series A Preferred Stock
76.9

 
64.6

Less: Weighted average Series A Preferred Stock

 
(1.5
)
Basic weighted average common shares outstanding
76.9

 
63.1

Net income per share attributable to common stockholders - Basic
$
0.62

 
$
0.73

 
 
 
 
Diluted Earnings per Common Share
 
 
 
Net income attributable to common stockholders - Basic
$
47.6

 
$
46.1

Net income attributable to common stockholders - Diluted
$
47.6

 
$
46.1

 
 
 
 
Weighted average common shares outstanding for basic earnings per common share
76.9

 
63.1

Effect of dilutive securities from 2015 Equity Incentive Plan
0.7

 
0.8

Diluted weighted average common shares outstanding
77.6

 
63.9

Net income per share attributable to common stockholders - Diluted
$
0.61

 
$
0.72