Loss (Earnings) per Common Share (Tables)

12 Months Ended

Jun. 30, 2022

Schedule of calculations basic and diluted (loss) earnings per common share

The calculations of basic and diluted (loss) earnings per common share for the years ended June 30, 2022, 2021 and 2020 were as follows:


	Years Ended June 30,
(in millions, except per share data)	2022		2021		2020
Net (loss) income	$	(49.1)	$	(229.6)	$	1.5
Dividends allocated to participating securities	(0.1)		(0.4)		(0.4)

(Loss) earnings available for common shareholders used in calculation of basic (loss) earnings per share	$	(49.2)	$	(230.0)	$	1.1

Weighted average number of common shares outstanding, basic	48.5		48.3		48.1

Basic (loss) earnings per common share	$	(1.01)	$	(4.76)	$	0.02

Net (loss) income	$	(49.1)	$	(229.6)	$	1.5
Dividends allocated to participating securities	(0.1)		(0.4)		(0.4)

(Loss) earnings available for common shareholders used in calculation of diluted (loss) earnings per share	$	(49.2)	$	(230.0)	$	1.1

Weighted average number of common shares outstanding, basic	48.5		48.3		48.1
Effect of shares issuable under share-based compensation plans	—		—		0.1

Weighted average number of common shares outstanding, diluted	48.5		48.3		48.2

Diluted (loss) earnings per common share	$	(1.01)	$	(4.76)	$	0.02

Schedule of awards issued under share-based compensation plans excluded from the calculations of diluted earnings per share

The following awards issued under share-based compensation plans were excluded from the calculations of diluted earnings per share above because their effects were anti-dilutive:


	Years Ended June 30,
(in millions)	2022	2021	2020
Stock options	1.9	2.1	1.3