Net Income (Loss) Per Share

6 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Net Income (Loss) Per ShareThe computation of basic and diluted net income (loss) per share is as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2020		2019		2020		2019
	(in millions, except share and per share amounts)
Basic net income (loss) per share:
Net income (loss) attributable to common stockholders	$	63.6	$	(55.4)	$	132.8	$	(105.2)
Shares used in computation:
Weighted-average common shares outstanding	292,462,184		279,974,823		290,591,037		159,214,343
Basic net income (loss) per share	$	0.22	$	(0.20)	$	0.46	$	(0.66)
Diluted net income (loss) per share:
Net income (loss) attributable to common stockholders	$	63.6	$	(55.4)	$	132.8	$	(105.2)
Shares used in computation:
Weighted-average common shares outstanding	292,462,184		279,974,823		290,591,037		159,214,343
Weighted-average effect of potentially dilutive securities:
Employee stock options	54,271,831		—		53,426,104		—
Restricted stock units and awards	636,056		—		552,394		—
Shares estimated to be purchased under ESPP	516,624		—		424,779		—
Diluted weighted-average common shares outstanding	347,886,695		279,974,823		344,994,314		159,214,343
Diluted net income (loss) per share	$	0.18	$	(0.20)	$	0.39	$	(0.66)

The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:

	Three Months Ended December 31,		Six Months Ended December 31,
	2020	2019	2020	2019
Employee stock options	65,236	40,863,282	206,467	39,488,218
Restricted Stock units and awards	590	—	6,761	—