XML 23 R45.htm IDEA: XBRL DOCUMENT v3.20.1
Net Income (loss) Per Common Share (Tables)
 9 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Common Share, Basic and Diluted
The following table presents the computation of basic and diluted earnings (loss) per common share:
 
 
Three Months Ended March 31,
 
Nine Months Ended March 31,
(In thousands, except share and per share amounts)
 
2020
 
2019
 
2020
 
2019
Undistributed net loss available to common stockholders
 
$
(39,790
)
 
$
(51,828
)

$
(27,692
)

$
(65,177
)
Undistributed net loss available to nonvested restricted stockholders and holders of convertible preferred stock
 
(126
)
 
(55
)
 
(91
)
 
(58
)
Net loss available to common stockholders—basic
 
$
(39,916
)
 
$
(51,883
)
 
$
(27,783
)
 
$
(65,235
)
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding—basic
 
17,230,879

 
17,003,206

 
17,161,477

 
16,982,247

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Shares issuable under stock options
 
—

 
—

 
—

 
—

Shares issuable under PBRSUs
 
—

 
—

 
—

 
—

Weighted average common shares outstanding—diluted
 
17,230,879

 
17,003,206

 
17,161,477

 
16,982,247

Net loss per common share available to common stockholders—basic
 
$
(2.32
)
 
$
(3.05
)
 
$
(1.62
)
 
$
(3.84
)
Net loss per common share available to common stockholders—diluted
 
$
(2.32
)
 
$
(3.05
)
 
$
(1.62
)
 
$
(3.84
)


The following table summarizes anti-dilutive securities excluded from the computation of diluted net income (loss) per common share for the periods indicated:
 
 
Three Months Ended March 31,
 
Nine Months Ended March 31,
 
 
2020
 
2019
 
2020
 
2019
Shares issuable under stock options
 
485,513

 
269,872

 
327,192

 
211,594

Shares issuable under convertible preferred stock
 
418,531

 
404,197

 
418,531

 
404,197

Shares issuable under PBRSUs
 
98,946

 
91,697

 
75,926

 
65,971