Loss Per Common Share (Tables)

9 Months Ended

Mar. 31, 2022

Loss Per Common Share

Summary of reconciliation of the Company's basic and diluted (loss) per common share

	Three Months Ended
	March 31,
(In thousands, except share and per share data)	2022		2021
Numerator:
Net loss	$	(34,898)	$	(7,142)
Net income allocated to participating securities for the Warrants		—		—
Interest expenses applicable to the Convertible Notes, net of tax		—		—
Amortization of debt issuance costs applicable to the Convertible Notes, net of tax		—		—
Adjusted "if-converted" net loss	$	(34,898)	$	(7,142)
Denominator:
Basic weighted average common shares outstanding		40,503,301		39,511,296
Effect of potentially dilutive options, restricted stock awards and performance-based shares		—		—
Effect of conversion of the Convertible Notes		—		—
Effect of participating securities for the Warrants		—		—
Diluted weighted average common shares outstanding		40,503,301		39,511,296
Loss per common share:
Basic	$	(0.86)	$	(0.18)
Diluted	$	(0.86)	$	(0.18)

	Nine Months Ended
	March 31,
(In thousands, except share and per share data)	2022		2021
Numerator:
Net loss	$	(138,325)	$	(185,589)
Net income allocated to participating securities for the Warrants		—		—
Interest expenses applicable to the Convertible Notes, net of tax		—		—
Amortization of debt issuance costs applicable to the Convertible Notes, net of tax		—		—
Adjusted "if-converted" net loss	$	(138,325)	$	(185,589)
Denominator:
Basic weighted average common shares outstanding		40,261,330		39,340,670
Effect of potentially dilutive options, restricted stock awards and performance-based shares		—		—
Effect of conversion of the Convertible Notes		—		—
Effect of participating securities for the Warrants		—		—
Diluted weighted average common shares outstanding		40,261,330		39,340,670
Loss per common share:
Basic	$	(3.44)	$	(4.72)
Diluted	$	(3.44)	$	(4.72)